Ethereum 7.18 and 7.19 Real-Time Market Review
📊 I. Market Trend Comparison
- July 18 - Price Range: Highest $3675 (recent monthly high), Lowest $3455, Daily Increase Narrowed to 4.86%, Closing at $3584, Technical Pattern: Six Consecutive Daily Gains, EMA Moving Average Bullish Arrangement, Bollinger Band Upper Track Points to $3745; However, the four-hour chart shows a 'Double Top Trap' signal, RSI-7 Reached 93.74 (Extremely Overbought).
- July 19 - Price Range: High $3673 (not breaking previous high), Low $3477, Volatility Narrowed. Technical Changes: EMA15 Support Moved Down to $3450, MACD Top Divergence Continues, Short-term Pullback Pressure Increases, Need to Pay Attention to $3525 Neckline Support.
💰 II. Capital Dynamics and Open Interest
- ETF Capital Inflow: On July 18, Single Day Net Inflow of $192 Million (BlackRock Accounts for $171 Million), Cumulative Over $730 Million in July, Institutional Lock-In Caused Circulation Tightening.
- Contract Open Interest: On July 17, Total Network ETH Contract Open Interest Exceeded $50.2 Billion (Historical High), But the Growth Rate of Open Contracts Slowed on the 19th, Long and Short Discrepancy Increased.
🏛️ III. Policy and News Comparison
- July 18 Good News: The U.S. House of Representatives Passed the 'GENIUS Act' (Stablecoin Regulatory Framework) and the 'CLARITY Act' (Digital Asset Positioning), Eliminating Regulatory Uncertainty. Nasdaq Proposal Allows ETH ETF Staking, Increasing Long-Term Holding Appeal.
- July 19 Focus: Market Digests Policy Good News, Attention on Progress of Trump Signing the Bill, Bitcoin Hits $120,000 Diverting Funds, ETH/BTC Dominance Slightly Drops to 0.028.
🎉💰💰💰 Entry Strategy Reference
1. Long Strategy: Entry Timing - If Price Pulls Back to $3480-$3500 Range (Approaching Daily Low of $3477), Can Accumulate in Batches.
2. Target and Catalysts - Short-Term Target $3620-$3650 (Approaching Yearly High), If Breakthrough, Look at $3673+.
1. Long Strategy: Entry Timing - If Price Reaches $3660-$3673 Range (Previous High Resistance), Can Lightly Short.
2. Target and Risk Control - Target Lower at $3550-$3520 (Daily Support Area), Key Trigger Point: If U.S. 401(k) New Policy Details Are Delayed, It May Trigger Speculative Fund Exit; Liquidation Data Shows Intense Long-Short Games (24-Hour Total Network Liquidation $927 Million), High Positions Likely to Experience Technical Pullbacks.
Market Volatility Emotional Area Risk Control, Investment Requires Caution!
