7.13 Crypto World Coin Mr.: Ethereum (ETH) Market Analysis Reference

Ethereum experienced a slight pullback in price yesterday before continuously testing upwards, with resistance encountered near the daily high around 3010. Today, a rebound emerged near the low of 2902, indicating a weakening overall upward momentum. The price is currently operating around 2940, as the market enters a phase of high-level consolidation. There is still potential for further upward movement if a breakout occurs, and Chuchu suggests that all coin friends prepare in advance.
On the short-cycle hourly chart, the Bollinger Bands are in a constricted position, with the price running near the middle band. Due to price resistance to the upside, the situation has entered a phase of adjustment between the bulls and bears, and the trend is running along the five-day attack line. The attached MACD and Stoch indicators both show signs of flattening, so it is expected that the short-term intraday volatility will continue for a while. The upper resistance is at 3015-3040, while the lower support is focused on the 2900 level.
7.13 Ethereum short-term reference:
Short test range 3015-3055, defend at 3180 supplement, stop loss: 50, target below 2980,
Test the long position at 2905-2855, stop loss 30 points, target above 2940,
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 and grasp of the market are, you must always manage your profit-taking and stop-loss. Secure your profits.