7.12 Mr. Coin in the Coin Circle: Ethereum (ETH) market analysis reference:

Ethereum 3130-3150 range short position, currently short position is in the middle, intraday defense 3230 did not give a chance to cover the position, wait for the target position to be placed, let's take a look at today's market,

Yesterday, Ethereum continued to fluctuate upward. In the evening, CPI data was released. Ethereum broke through the short-term pressure of 3150 and quickly rebounded to 3216. After closing a long upper shadow line, it began to fall under pressure. The current price is running around 3100. From the hourly line, the current MA5 The 10-day moving average slightly resonates upward. From the indicator, the overall track of the MA30-day moving average and the BOLL band is still biased towards weakness. It is currently consolidating in the oscillating range. The overall idea is mainly to rebound and short.

Short-term reference:

1. Enter the market with short orders near the rebound position of 3130-3150, defend 3250 to cover short positions, stop loss near 3290, take profit near 2960-2990, and continue to hold if 2960 breaks.

2. Consider short-term longs when it falls back to the position of 2990, defend 2880 to cover short positions, stop 2840, and take profit above 3050.

There is a delay in sending the article. The strategy suggestions are for reference only. The market changes rapidly. No matter how high your judgment of the market is, you must take profit and stop loss well and put the bag in your pocket $BTC $ETH $SOL #以太坊合约 #以太坊ETF通过 #热门事件 #ETH合约