Bitunix Analyst: Macro Optimism Spreading, ETH Oscillating Upward, Watching 2525 and 2275 Support Area

On July 7th, with the spread of the "Golden Haired Girl" economic scenario, the U.S. stock market continued its strong rebound from the April low, and market risk appetite rapidly increased. Benefiting from the easing of trade tensions and the progress of the OBBBA bill, funds accelerated the backflow into high-risk assets. The S&P and Nasdaq hit historic highs. However, analysts warn that the market may have become overly optimistic, and there are still potential volatility risks in the future. Therefore, investors should remain cautious. Bitunix Analyst Suggestion: Under the backdrop of macro optimism, ETH maintains a high-level oscillating structure. From a daily chart perspective, ETH completed a deep retracement in the 2275 range and began to rebound. Currently, it is constrained by the 2571–2600 minor range resistance and has not yet achieved an effective breakthrough. The 2275–2300 range below is a high-liquidity support area. After a retracement to this area, short-term bulls regained control. The short-term resistance above is at 2600 and 2670, and the price may continue to consolidate within this range. If a successful breakthrough occurs, it may test the 2773 resistance level. Overall, range-bound operations are still the main approach, so avoid chasing highs.