7.23 Early Morning Analysis of Auntie Market

Auntie is currently running along the middle track of the Bollinger Bands, and the short-term trend is indeed bullish. However, multiple attempts to break through the upper track have been suppressed, indicating that the resistance above is very strong, and there is no willingness for capital to sustain a breakthrough.

Although the MACD is still in the bullish area, the red bars are beginning to shorten, showing signs of weakening momentum, with positions moving back and forth at high levels, indicating that the main force is more inclined towards a volatile washout.

Trading Suggestions:

During the early morning period, attempt to short in the 3750 - 3780 range.

First target is 3650, if it breaks, then look for 3580.

Set stop loss reference above 3800, conservatively at 3815.

This wave of rebound relies on the support of the middle track, not a strong main rise. Before breaking the upper track with volume, any upward spike is a short opportunity, so do not blindly chase the rise.

Get the rhythm right, profits will come naturally. Continue to follow Ice Brother's rhythm closely, and I'll help you steadily make money in the market. $ETH #山寨季來了？ #加密立法新纪元 #上市公司加密储备战略