Ethereum price update on July 6th.

This article was written at 13:44. Looking at the 4-hour online chart, Ethereum rebounded to the resistance level of around 1780 but failed to continue rising, instead consolidating near the support level. Our previous short entry point was around 1787, which was a good entry point. Currently, the price is still at a high level. Those who missed the entry can enter around the current price of around 1775, with a possible additional position at 1870 and a stop-loss at 1950. The initial target is around 1560. The strategy is basically the same as before; manage your entry opportunities accordingly. Click on the profile picture above to open my homepage and discuss market trends. Short-term trading, control risk, and manage your own profits and losses.