7.25 morning session

1️⃣Ether:
Ethereum failed to break through the midline of the oscillation box around 3750 last night and pulled back. This morning, it indeed just happened to pull back to the downtrend line and then supported a rebound. Moving forward, we should continue to pay attention to whether it can break through the midline of the oscillation box and whether the support of the downtrend line is effective again. A breakthrough of the former will be bullish, while a break below the latter will lead to a correction towards the west; otherwise, it will oscillate directly between the downtrend line and the midline of the box, testing.
2️⃣ Bitcoin:
As of the time of posting, Bitcoin is still testing support around 117,000. The resistance above is at 119,300 and 120,000, while the support below is at 117,000 and 115,800-116,000.
3️⃣ Supplement:
@Shen Chi: Retail investors always think that institutions want to cut them off, but in the eyes of institutions, retail investors' entries and exits are simply ignored. Retail investors usually make wrong decisions, so what good does it do for institutions to follow a retail investor who is always wrong? It's just the retail investor's self-deception, self-indulgence, and romanticizing their own situation!
Sometimes I really dislike the analysis of trend predictions, market forecasts, and the actions of manipulators. Since we have all chosen to enter this game, shouldn't we all be optimistic about the development prospects of this game? What we need to do is quite simple: seize every opportunity during pullbacks to invest in high-cost-performance assets. Why is it that every time we reach key points, many analysts come out to predict the market and theorize about manipulative conspiracies? This kind of behavior really annoys me. When Ethereum was at 1400, I heard some analysts predict it would drop to 800, which scared me into selling some of my holdings. As a result, the remaining assets I had continued to thrive and have yielded considerable returns until now. And what about those analysts? Did they miss out on acquiring low-priced assets while lost in their own self-satisfaction?
Every time I see those prophecies about harvesting the cryptocurrency market, taking advantage of retail investors, and predicting black swan events in the crypto space, I feel that such people are, to some extent, a pest. Firstly, these pests not only keep those holding quality assets at low prices in a state of anxiety and panic, leading them to sell their most precious chips at the lows, but they also make those who have not yet entered the market stand by, afraid to purchase low-priced assets, missing out on opportunities.
This is also why, apart from the few posts at the beginning, I will no longer use the terms "going long" and "going short" in my later posts. Those who love to short can short at resistance levels, while those who love to long can long at support levels. I only want to analyze the subsequent structures based on the real structures that haven't completed yet, and then choose a direction, that's all. But I absolutely will not spread negative information such as black swans, harvesters in the crypto space, and retail investors being harvested based solely on an incomplete structure. If there are truly extreme pessimists, it would be better for them to exit the market or go all in on shorting.