2. Analysis and Assessment of the Current Price Structure of ETH
Taking ETH/USDT as an example, we still maintain the assessment made on July 21 at 13:45, with a short-term bullish-bearish divide at 3579, and the daily line fluctuating narrowly around 3825-3579.
(1) Above 3579, the bulls continue to maintain an attacking stance. In case of a pullback, one can pay attention to the short-term (such as 1 hour) bullish turning point model for long trade opportunities; confidence in holding previous low-level segment long positions needs to be strengthened, continue to hold bullish.
(2) Below 3579,
Taking ETH/USDT as an example, we still maintain the assessment made on July 21 at 13:45, with a short-term bullish-bearish divide at 3579, and the daily line fluctuating narrowly around 3825-3579.
(1) Above 3579, the bulls continue to maintain an attacking stance. In case of a pullback, one can pay attention to the short-term (such as 1 hour) bullish turning point model for long trade opportunities; confidence in holding previous low-level segment long positions needs to be strengthened, continue to hold bullish.
(2) Below 3579,
ETH1.71%