7/27

"The market situation is changing rapidly, the key lies in how we grasp it"

Good evening everyone, I'm Cat God

Ethereum has been in an oscillatory upward trend since Monday. On the 25th, I also reminded that it would be long around 40. Currently, from the hourly perspective, the currency price is fluctuating in the 1870-1890 range. It can be seen that it is in the 1860-1890 range. There is a short-term support here at 1870, and there is a slight short position here in MACD. We can continue to wait for a V turn. In 4 hours, the currency price here is under pressure and has fallen back on the upper track. Only by waiting for an effective breakthrough can it have a chance to hit the 1900 mark. If it is at the daily level, it has closed 2 small positive bars in a row. It has been testing the position of 1890 in the middle track. If you want to go to the upper track Still worthy of attention here. Our thinking remains unchanged within the day, with low and multiple as the main focus.

Operation suggestion: long near 1860, stop loss 30 points, target 1880-1900