$ETH ETH market analysis on July 10:

Today, the lower support level of Ethereum will focus on around 1830 during the day. On the 4-hour chart, the 1880 position forms a short-term pressure level. Only when the price reaches and holds this position will the Ethereum market continue to rise to highs. Wait patiently, the market is about to reach an inflection point this week. According to the cycle, the overall market is getting closer and closer to being empty. In the 4-hour technical structure, the opening of the Bollinger Bands is shrinking, the K-line is running above the middle track, and the bulls are running with moderate energy and heavy volume. The pressure above is still quite obvious. If you want to continue to break through in the short term, you need to retrace first and then rebound.

Operational suggestions: ETH short orders are recommended to enter the market in the 1900-1880 range, with a target position of 1850-1835 and a stop loss of 1920. It is recommended that long orders enter the market in the 1835-1850 range, with a target of 1880-1900 and a stop loss of 1810.

Support levels: 1830, 1810.

Pressure levels: 1890, 1910.