7.27 Weekend Market Overview: ETH bottom divergence and golden cross pattern both appeared, driving ETH pump.

The bottom divergence in the early morning and the golden cross pattern in the morning prompted ETH entities to break through 3756 and stabilize. Currently, momentum is starting to weaken. Continue holding short positions at 3756, add positions around 3824 to lower the average price, defend at 3857, begin to reduce floating profits, and keep the last position around 3675.
The upward structure of ETH has not changed, and we still take the approach of buying on dips; waiting to go long when Ethereum retraces to the trend line, with 3726 as defense and a target at 3819.
Continuous net inflow of ETH spot ETF, with inflow funds beginning to surpass BTC; Bitcoin is consolidating, ETH is starting to pump, whether the altcoin season will come again depends on whether the SEC's 25 basis point interest rate cut in September is confirmed, the current probability has already exceeded 50%, and Powell's speech in the early hours of the 31st is particularly important.
Please take a moment to follow and like if you pass by, it’s the greatest support for me, thank you! The information above is only for market analysis and not a trading strategy; follow me to stay on track, I provide you with the latest news and market analysis every day, as well as the wealth codes you desire, remember to follow and like! #余币宝年化收益破24%# #以太坊交易量飙升#