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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Chuangjin Community - Analysis on July 8, 2025
As long as you firmly believe that the big pie above 110,000 should not chase long positions... Currently, the tariff issue is not settled, which is a bearish influence.
Same day: 4-hour Ethereum in a bearish state, today the main strategy is to short on the rise, short when it rises, overall trend news is bearish.
Resistance Levels: 2580, 2610, 108700, 109500 Support Levels: 2450, 2380, 106200, 103100
Ethereum day: 2570, 2565 short position, pay attention to the small level signals starting from the golden line at 2545 on the 1-hour chart, conservative take profit at 2490, 2480, take profit at 2340, 2400, 2450
Bitcoin on the day: 109500, 110000, 112000 short positions remain unchanged, short from 108800 on the same day. If aggressively not reaching the level, look for small scale entries to add positions, take profit at 106500, 105200. If negative news comes in advance, can break even and look at 104500, 103100.
Combine live streaming and technology, pay attention to position management, for reference only.