#H 7.5 crypto world coin Mr. Coin: Ethereum (ETH) market analysis reference

Yesterday, influenced by the overall market, the upward trend was interrupted, with prices pressured around the 2600 line in the morning. Although there were multiple rebounds afterward, it did not stabilize at the 2600 line. As the day's trend oscillated downwards, bullish sentiment began to weaken, and the trend entered a correction phase.
　　
On the short-term hourly chart, the intraday market is under pressure and has pulled back. Recently, a double top structure has formed at the daily level (2603.17 and 2635.5), accompanied by a large bearish candle on July 4 confirming the top formation, with the closing price falling below the neckline at the 2500 integer level. The MACD daily DIFF has crossed below DEA to form a dead cross (2.28 crossing below -10.51), with the histogram turning from positive to negative, and the four-hour level continues to run below the zero axis. The RSI has fallen from a high of 57.18 to 50.56 on the daily chart, and the four-hour level has entered the weak zone below 30 (lowest at 26.86). The EMA daily has broken key moving averages: the price has continuously fallen below EMA7(2499.86) and EMA30(2480), with the 120-day moving average (2397.16) becoming a dividing line for bulls and bears. Currently, the coin price is fluctuating near the mid-track, with both bulls and bears in a stalemate. The short-term trend is also quite stuck, with no breakout signs, so it is expected that the consolidation will continue. We will pay attention to the upper pressure near 2565 and the lower support near 2450. If the lower support is broken, the space below will open up again, so the operation will mainly focus on shorting on rebounds.
7.5 Ether short-term reference:
Test short position at 2560-2615, defend with a补 at 2800, stop loss: 50, target below 2500,
Test the warehouse point at 2405-2455, stop loss at 30 points, target above 2500,
There is a delay in sending the article, and the strategy suggestions are for reference only. The market changes rapidly, and no matter how high your judgment of the market is, you must always set stop-loss and take-profit orders. Secure your profits.