2. Analysis and Assessment of the Current Price Structure of ETH

Taking ETH/USDT as an example, we still maintain the assessment made on July 21 at 13:45, with a short-term bullish-bearish divide at 3579, and the daily line fluctuating narrowly around 3825-3579.
(1) Above 3579, the bulls continue to maintain an attacking stance. In case of a pullback, one can pay attention to the short-term (such as 1 hour) bullish turning point model for long trade opportunities; confidence in holding previous low-level segment long positions needs to be strengthened, continue to hold bullish.
(2) Below 3579, the short-term rise has ended, and the decline has begun. Previously low-position long positions should exit, while attention can be paid to short-cycle bearish turning point models to look for opportunities to establish short position trades at highs.
(3) Below 3756, continue to oscillate; above 3756, the bulls are strong, continue to attack 3825. If 3825 is held, look higher to 3998. During the bullish attack process, it is not advisable to easily short.