7.31 Ether $ETH morning trend analysis

🔍 Key Signal Breakdown
Moving Average System:
MA5 (3,795) and MA10 (3,791) have formed a golden cross, with strong short-term support. MA20 (3,816) is close to the current price; if it can hold steady, it may further advance.

Support & Resistance Levels:
Support: 3,795 (MA5/MA10 intersection area) → 3,670 (24h low point, strong support).
Resistance: 3,863 (24h high) → 3,940 (recent high, look at 4,000 after breaking through).

💡 Operation Idea:
✅ Bullish Strategy (Buy Low, Sell High)
Buy on pullback:
If ETH stabilizes around 3,795~3,800 upon a pullback, you can consider entering a small long position, with a stop loss at 3,750 and a target of 3,860→3,940.

Breakout to Long: If it breaks through 3,863 with increased volume and holds steady, you can go long, targeting 3,940~4,000.

❌ Bearish Strategy (Handle with Caution)
Breakdown of the empty space:
If ETH breaks below 3,795 and the volume increases, the short-term support level is 3,670.
However, the ETH trend is strong, and the risk of shorting against the trend is relatively high. It is recommended to wait for a pullback to buy at a lower price for more safety. #美联储利率决议#