Tongge’s 7.22 ETH trading idea

$ETH Enter around 1940–1950, stop the sell-off at 1970, target 1900–1880.
After a pullback and stabilization near 1900, open a light position and ride the bounce, stop the sell-off at 1870, target 1930–1950.

That said, the strength of this rebound from the second pancake is indeed strong—you can’t force yourself to keep looking at it turning weak. But even though it’s strong, 1940–1950 is the dense trading zone from the earlier stage. Pushing through requires fresh capital to come in and buy; it’s not something you can pass just on momentum.

The key now isn’t whether it goes up, but whether there are people ready to take it when it hits the resistance level. If it holds above 1950 on increased volume and the pressure opens up, then we can look higher. If it goes up but nobody follows, then in the short term it has to pull back first to digest.