#以太坊突破3700 #稳定币监管风暴

7.23 Market Overview: ETH has hit bottom and is set to make a V-shaped rebound

ETH faced resistance at 3857 and began to pull back, forming a double bottom support at 3631. Currently, the market seems to continue to rise and rebound, but will it encounter resistance and fall back again at the golden 618 position of 3765, or will it take off and reach the previous high to form an M-top?

The position at 3756 serves as a support and resistance exchange; wait on the right side for a breakout at 3765 to enter long positions, with a stop loss at 3756 and a target of 3823. For lower long positions, wait for a pullback near 3675 that does not break, or if it breaks, wait for a retracement to enter long positions above, with a stop loss at 3631 and targets of 3725 and 3788, with a tail position at 3824. For higher short positions, set up at 3824, with a stop loss at 3857 and targets at 3756 and 3728.

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