July 19th ETH Midday Market Analysis
Whales appeared on July 19th. According to Lookonchain monitoring, two new addresses withdrew a total of 22,434 ETH 6 hours ago, with 2 new addresses withdrawing 22,434 ETH from Kraken.
When the market is right, whale liquidations mean a fortune for the retail investors.
After diligent research by Officer, here’s an analysis of Ethereum's midday strategy:
Bearish
Current price around 3570, the market is relatively stable. It is recommended to open long positions at 3560, targeting 3600-3650. If it breaks through, continue to look for the highest position at 3700.
