There is only one Saint in the crypto world. Will it reach 4700 or even 4800 tonight? Perhaps the opportunity for short positions will be gone. Brothers, the Saint is here! ETH is currently stuck between 4541 and 4599, like a fish being held down, flopping a couple of times before laying flat. The MACD green bars are popping up, but the trading volume is shrinking to suffocation; this market is like constipation—either a massive breakout or a continued decline.

Key Levels

Resistance: 4675 (must break through to take off) Support: 4456 (if it breaks, it may slide to 4300)

News

US stocks plummeted due to PPI data, and NetEase dropped 8%, market sentiment is cautious. If US stocks stop falling tonight, ETH may bounce back to 4700; if it continues to crash, 4456 may be hard to hold.

Trading Strategy

Short-term: Light buy at 4520, stop loss at 4500

Hodlers: Set buy orders near 4456

Contracts: Low volatility, be cautious of spikes

Stay alert tonight

$ETH volume breaks through 4700 → chase long if it breaks 4456 without volume → short

A change in the market is imminent, which side are you on? See you in the comments! #美国7月PPI年率高于预期