Big Pancake Ethereum: Recent price of 118,000 on 7/30, overall showing a trend of fluctuating decline, with highs gradually lowering. The price has rebounded in the short term but is still under long-term downward pressure.
In the short term, it is currently fluctuating near MA(7), with clear competition between bulls and bears. There may be an attempt to test the resistance level of 118,230.7 upwards in the short term. However, due to a lack of substantial breakthrough signals, if it fails to effectively break through the resistance, the price may once again test the support level of 117,044.1. In the medium term, MA(30) acts as a strong resistance, indicating a generally weak market. Trend opportunities are more likely to occur after an effective breakthrough or breakdown of the aforementioned key points. Bitcoin: Can short near 118,000-118,500, short-term target around 117,000, if it breaks down, then look at around 116,000.
Ethereum: Can short near 3,810-3,840, short-term target 3,720, if it breaks down, then look at around 3,650 near #币安Alpha上新 #巨鲸动向 #ETH重返3800 .