7.9 Ethereum (ETH ) Market Strategy Analysis Reference

Ethereum's trend is stronger than the market, with an increase of nearly 100 points yesterday. The market is strongly breaking upward, breaking the previous resistance at the 2600 line, and bullish sentiment is gradually improving, with the downward momentum temporarily suppressed. During the day, the market continues to rise, currently approaching the high position of 2628. If it breaks through 2650 again, it is expected to see a small upward surge. Minghui suggests that everyone should prepare in advance, as breaking through can allow for short-term profit capture.
On the short-term hourly chart, the price has risen to the 2628 position, facing resistance and pulling back. Currently, the price is continuously testing downward. In the short term, it has touched the ten-day defense line and had a slight rebound, but a long upper shadow has formed, indicating that the market is still under pressure. Therefore, it is not advisable to blindly enter long positions at this time; it is better to wait for a pullback to test support before considering entry. The short-term market has encountered resistance and entered a retracement rhythm, with both bulls and bears starting to take turns exerting force, leading to a high-level consolidation phase. If the subsequent support holds, there is a possibility of breaking upward. Watch for resistance at 2674-2650 and short-term support at the 2580 line.
7.9 Ethereum short-term strategy reference:
The suggestion is 2685-2635, defend with a supplement at 2780, stop loss at 30 points, target below 2600.
I suggest 2585-2535, defend at 2400, stop loss 30 points, target near 2600.
7.9 Bitcoin SMS Strategy Reference:
The suggestion is 109000-109800, defend at 111500 supplementary, stop loss at 500 points, target below 108500.
The suggestion is to buy at 107500-106500, defend at 105550, with a stop loss of 500 points, and a target above 108000.

The price points are time-sensitive, and there may be delays in posting, so please refer to real-time market conditions for specifics. Once again, I emphasize the importance of risk management; no matter how confident you are in your future market predictions, always set your take profit and stop loss!