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#稳定币监管风暴# #Gate 6月透明度报告# 7.23 Market Overview: ETH needs to rebound out of the V-shaped bottom.
ETH faced resistance at 3857 during the surge and began to pull back, forming a double bottom support at 3631. Currently, the market looks to continue rising and rebounding, but whether it will encounter resistance again at the golden 618 level of 3765 and fall back, or if it will take off to reach the previous high and form an M-top, remains to be seen.
3756 here supports the exchange of positions, connecting the upper and lower levels; wait for a breakout at 3765 on the right side to enter long positions, with a defense at 3756 and a target of 3823; wait for a pullback around 3675 for low long entries without breaking, or if it breaks down, wait for a pullback to enter long positions above, with a defense at 3631 and targets at 3725 and 3788, with a tail position at 3824; for high short positions, ambush at 3824, with a defense at 3857 and targets at 3756 and 3728.
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