7/18 Views on weak market conditions
"The market situation is changing rapidly, the key lies in how we grasp it"
Good morning everyone, I am the cat god
After the recent market fluctuations, Ethereum is currently oscillating around 1900. In terms of the general direction, Bitcoin has returned to the last rising point in this market, while Ethereum has resisted a little bit. , if it develops unilaterally, it will be better for Ether. I am still bullish on the overall general direction. From the short-term hourly perspective, it will oscillate in a box. This trend can basically be followed by the low-long-high-altitude approach. Just deal with it. At 4 hours, you can see that the currency price has been suppressed by the middle track. The reference daily line is always above the support of the middle track. It has closed 4 negative bars in a row. It depends on whether there will be a reversal today. It is recommended to go lower during the day. Lord.
Operation suggestion: long near 1900, stop loss 30 points, target 1925-1950
