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Published 16 Jul 2026, 14:33 UTC · fetched 3 Nov 2026, 10:59 UTC
Daan Crypto Trades
@DaanCrypto
Quoting · 3 Jul 2026, 20:01 UTC · context given to the AI
$ETH Meanwhile pushing up 10% on the week and retesting that February low at ~$1750 again. This is a key level to retake and would signal some strength to me. So the question now is whether this is just another lower high in this down trend or the start of something bigger. This same area did confirm a break in market structure back in 2025. So it holds some importance. For the time being, watching how it handles this resistance. No strong opinion until we see the closes here.$ETH Flipped the same $1750 horizontal level into support as it did in 2025. This is the first time ETH retakes a previous support turned into resistance since this entire down trend. Also similar as the 2025 run. Now I am definitely not expecting anything similar to that one, seeing BTC was still in a bull market and Tom Lee started a crazy buying spree with BMNR. But I am noting that this previous resistance turned into support is generally what you want to see for a larger market structure shift. My initial target here would be that main $2.1K horizontal area which has been so important over the years. Invalidation below $1750 which is the key area to hold for the bulls.View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 1820.53 / 1881.68 − 1 = -3.2%d × r = -3.2% (neutral only if the price is unchanged) → incorrectOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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