Evening Important News
1. Whale Movements: On July 25, a certain whale was forced to stop loss on a short position at the ETH price of $3528.85, indicating a setback for short-term bearish momentum.
2. Market Rhythm: An article on July 25 pointed out that ETH is in a horizontal consolidation after a 'second peak in the early morning,' with short-term fluctuations expanding. A daily range of $200–300 has become the norm, and we need to be cautious of a 'boiling frog' type of gradual decline.
3. Macro Atmosphere: U.S. tariffs and monetary policy remain the main themes in the market; as long as there are no sudden negative news, the overall risk sentiment is manageable.
Short-term Key Ranges (Contract/Short-term Spot Reference)
• Resistance Level: $3892 (Intraday bull-bear dividing line)
• Support Levels: $3486 (First support) → $3339 (Second support) → $3247–3200 (Extreme pullback zone)
Suggested Take Profit / Stop Loss Plan
1. If holding long positions:
– Move Take Profit: First target at the $3820–3850 area; if unable to break through, reduce positions; if strongly broken through, look up to $3890–3920 for staggered take profits.
– Stop Loss: If it falls below $3486 and cannot recover in a 15-minute close, trigger stop loss, stop loss price at $3460–3470.
2. If planning to short at high positions:
– Entry: Light position shorting in the $3880–3900 area.
– Take Profit: First target at $3700, second target at $3580; if it breaks $3486 with volume, hold until below $3400.
– Stop Loss: If it rises above $3920, immediately stop loss (to prevent false breakouts).
3. Swing/Spot Investors:
– Can wait for a pullback to the $3247–3200 range before considering adding positions in batches;
– Set stop loss below $3150, with a mid-term target still looking at $4000+.
Friendly Reminder
• From tonight until Sunday is a low liquidity period for the weekend; do not hold heavy positions.
• If a rapid V-shaped reversal occurs (quick recovery after breaking support), it can be considered a short-term bullish signal, and you can try a long position based on the 'break and recover' logic.
