#以太坊交易量反超比特币 7.25 Morning Market Overview: ETH Bullish Saifu Pattern Long Position 53 Points

Yesterday, the bullish Saifu broke through 3675 with a large bullish candle, and went long, reaching the target of 3725 for a profit of 53 points. The highest point of 3772 was only 14 points away from the Saifu reversal at 3786, which also caused the T2 target not to exit in time, leading to a break-even defensive exit.

ETH broke through the descending wedge channel. If it cannot hold at 3675, then wait for a pullback to the 3631 resonance point, which should not break, or if it breaks, wait for a retracement to go long above, with a defense at 3579 and targets at 3675, 3718, and 3756; conversely, if a large bearish candle breaks the trend line, enter a short position, with a defense at 3631 and targets at 3554 and 3455; high short positions are set up within 3756-3675, with a defense at 3824 and targets at 3675 and 3604.

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