July 30 Ethereum (ETH) Contract Technical Analysis: Today, on the larger timeframe, the daily level closed with a small bearish candle yesterday, the candlestick pattern shows consecutive downward movements, and the price is still at a high level. The auxiliary indicators have crossed downwards, but based on recent trend patterns, it is still within a range of fluctuations. For example, yesterday's movement: an intraday rise during the European session faced downward pressure, and the US session continued the decline, with a morning rebound that did not sustain, so it is not an extremely weak trend, hence one should not aggressively short. In the short timeframe, the hourly chart saw the price break below the previous day's low without continuation, the price supported and rebounded, the current candlestick pattern shows consecutive bullish candles, and the auxiliary indicators are operating in a golden cross. Pursuing long positions has limited space, and the larger timeframe has resistance, making it unsuitable, so attention should also be paid to the strength and weakness movements of the European session, waiting for clear signals before making any setups. #ETH走势分析 $ETH
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