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

BlockBeats News, July 7th, as the "Golden Haired Girl" economic scenario has spread, the U.S. stock market continued its strong rebound from the April low, and market risk appetite quickly increased. Benefiting from easing trade tensions and the advancement of the OBBBA bill, funds accelerated backflow into high-risk assets, with the S&P and Nasdaq hitting historic highs. However, analysts warn that the market may have become overly optimistic, and there are still potential volatility risks in the future, so 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 constrained by the 2571–2600 minor range resistance, with no effective breakthrough yet. The 2275–2300 range below is a high-liquidity support area, with short-term bulls regaining control after a retracement to this area; 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.