Technical analysis of Ethereum ETH contract on July 10:
Today, the large-cycle daily line level reported a small negative line yesterday, and the K-line pattern has a continuous negative and single positive, but the overall strength is not strong, and the price is still running at a high level. The dead cross in the attached picture does lack explosive strength and continuation. The resistance is near the 1900 area, and the low support is the 1820 area: the current trend of the short-cycle hourly chart is the choice of the breaking direction, high and low, the 1880 area, and the low is the 1840 area. The price still fluctuates within this range, so the European market is strong or weak. This is the key point. The current price is under pressure and is retracing, and the indicator in the attached picture is dead cross downward.
Today's ETH short-term contract trading strategy: The current price is directly in the 1865 area, stop loss is in the 1885 area, and the target is the 1820-1805 area.