2025/7/12 Ethereum Market Analysis
The downward trend of ETH has been established, and it is highly likely to reach the take-profit level around 2850. Please refer to the article quoted below for more details.
Patiently wait for the take-profit level to be reached; the current oscillation is merely a form of inducing longs. However, the performance of this market has already cleared out high-leverage shorts chasing the downtrend, and it has also discouraged many short positions through bottom support.