ETH broke the downtrend in 4 hours, and SKDJ also golden crossed, indicating a possible short-term bottom confirmation. First, we look for a rebound, with support at 4600 below, and the target is to break through 4700 to reach new highs;

On a larger scale, the support is at the 4550 channel, with a breakthrough confirmation in 4 hours. The channel lines will indicate whether the major trend is changing;

$ETH

#美国7月PPI年率高于预期