Ethereum price update on July 7th

This article was written at 13:48. Looking at the 4-hour online chart, Ethereum's price action hasn't broken through the 1848 high, remaining within a resistance range. Our previous short positions near 1787-1775 can be held. The price rallied to 1834, but didn't offer an opportunity to add to positions at 1870. Currently, the price is near our cost price. We maintain our previous strategy; the resistance remains valid, and we await a decline, with the target still around 1600. Manage your own risk. Click on my profile picture to discuss further. Short-term trading, manage risk, and be responsible for your own profits and losses.