2025/7/23 Ethereum market key reminders



After our 12-game winning streak was interrupted, we were tormented for several days by the abnormal market behavior of this Ethereum altcoin leader. We shorted Bitcoin around 121800, and at the same time, we also shorted Ethereum. Bitcoin dropped by 5%, and while Ethereum didn't drop by 5%, it instead surged by 26%.

Now everyone has the opportunity to show off, Ethereum will directly crash down after oscillating in the range of 3700-3895, possibly breaking through 3900 briefly. Assuming the trend is bearish, one can manage their positions and leverage well, looking directly towards 2200, and then towards the vicinity of 1500. The 2200 level is inevitable, as there is a 90% probability that this densely packed supply and demand area will be touched, and the prerequisite for this touch is that it does not stabilize at 3900. Therefore, there is no need to consider 4000, and this market trend will likely start to accelerate its decline at the beginning of the month, or it may even start to accelerate its decline in the coming days.

Note: Assuming that we start to fluctuate in the range of 3700-3895 now, the probability of a rapid decline accelerating at the beginning of the month is very high.
#七月行情预测#
ETH3.6%
BTC1.9%
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Do you think Ethereum can reach 2200?
can
29
29
cannot
23
23
52 ParticipantsVoting Finished
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GateUser-6857559evip
· 07-23 10:46
thanks for the useful information
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