Chuangjin Community -- Analysis on July 18, 2025

There has been a continuous surge in the purchase volume of Ethereum, already reaching a high point in its increase. Defensive institutions have released a black swan event to push the price down and hit stop losses, with institutions enforcing a 200-point dip.
On that day: There was no significant upward spike of more than 100 dollars, so it is basically not yet possible to lay out long-term short positions... As long as there is a downward spike, I will go long, but I won't go long on an upward spike...

Resistance levels: 3750, 4000, 121600, 125000 Support levels: 3500, 3450, 117500, 116300

Ethereum Today: ① The live room will aggressively add positions at 3600, or take profits and exit at 30-50 points... If there is divergence in the wave, take profit.
3560, 3540 long positions, stop loss at 3530, if it doesn't reach, then small-scale MACD golden cross long, take profit at 3750, 3730 [there are still long positions at the bottom, pattern code 4000 points] take the wave, if there is divergence then take profit.

On the day of the big pie: The big pie is slowly oscillating upwards over 4 hours, long positions at 119000 and 118500, stop loss at 117500, take profit at 121600, 123000, and 122500.

Combine live streaming with technology, pay attention to position management, for reference only.