7.28 Ethereum Afternoon Thought Analysis $ETH

Ethereum's weekly chart has seen five consecutive weeks of gains, with the price operating along the upper Bollinger Band. After a brief pullback in the middle of the week, the daily chart has continued to strengthen, showing an overall strong trend. However, the MACD bullish momentum is weakening, and both the KDJ and RSI indicators have entered the overbought zone, signaling a need to be cautious of pullback risks. It is recommended to wait for a dip to buy low or to cautiously short at highs. From a short-term perspective, both the hourly and 4-hour charts are facing resistance near the upper band. The primary focus for the day is the 3800 support level, with potential buying opportunities at the key levels of 3750 and 3650. If considering a short strategy, one could gradually enter near 4050 and 4150, with an initial target aimed at 3800 (with partial position reduction), and further targets at the support levels of 3750 and 3650. #美国AI行动计划 #ETH重返3800 #美国与欧盟达成关税协议