ETH fluctuations without direction! Bullish if it breaks 2620, weak if it falls below 2520!
Ethereum has also reached a point of no particular direction, with Bitcoin consolidating at a high level, and Ethereum's sideways movement here is a bit excessive! After all, Bitcoin is very close to its new high, while Ethereum still needs to rise by nearly double to reach a new high, which is a long way to go!
In terms of price movement:
From a smaller timeframe, it is currently in a sideways state with no particular direction. The pressure above 2620 has not been broken, and the support below 2520 has not been breached, operating within a 100-point fluctuation range. Next, we will focus on which side breaks first. I really hope Ethereum strengthens and leads the way for a wave of altcoin market, go E-guardians!
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ETH Opinion Analysis: July 8, 2025 Daily Chart