The current ETH price is hovering around $1,865. Judging from three time cycles, the overall structure is daily chart consolidation and recovery, 4-hour range consolidation, and 1-hour short-term bounce. There’s still no clear trend breakout yet, so it’s more suitable to trade within the support-and-resistance range for now. 1 hour (short-term) The 1-hour MACD has just formed a golden cross. The price bounced from around $1,850, and short-term sentiment has been somewhat repaired, but the moving averages above are still densely packed, so upside room is limited. * First support: $1,850-$1,855 * Strong support: $1,825-$1,835 * First resistance: $1,885-$1,895 * Strong resistance: $1,910-$1,925 If it holds above $1,890, there’s a chance to retest around $1,920. If it falls back below $1,850, it’s likely to revisit the $1,830 area. 4 hours (swing) The 4-hour chart is still in box-range consolidation. The MA60 area is acting as a cap. Although the MACD has recovered somewhat, momentum isn’t strong, so price action remains range-bound. * Bottom of the range: $1,820-$1,840 * Midline of the range: $1,865-$1,880 * Top of the range: $1,900-$1,920 Only with a volume-backed breakout above $1,920 will the 4-hour timeframe reopen upside potential; otherwise, it will likely keep ranging. Daily (mid-term) After a big drop, the daily chart is in a recovery phase. It is still trading below the long-term moving averages, indicating the mid-to-long-term trend hasn’t fully turned bullish yet. Key levels: * Mid-term support: around $1,800 * Strong support: $1,750-$1,780 * First resistance: $1,900-$1,920 * Key resistance: $1,980-$2,000 Only if the daily chart reclaims $2,000 will the mid-term uptrend be further confirmed. ETH is still in a consolidation-and-recovery phase: short-term is slightly bullish, while the mid-term still needs to wait for a confirmed breakout. As long as the $1,820-$1,850 support holds, the bounce structure remains intact. A true trend move will only be confirmed after a volume-backed breakout above $1,920. Manage position size and wait patiently for a direction choice—it's more important than chasing trades frequently. $ETH

After trading for a long time, you find that the hardest part isn’t spotting opportunities—it’s waiting for them to fully play out. When the order book shows a clear change, I observe first, then decide whether to let the short position participate. This time, the high-level rebound looks lively, but in reality each push higher fails to continue, and the price gradually falls back below the key area. After sell pressure keeps increasing, the pace starts to weaken, and execution becomes more natural. Currently, running from 0.13466 to 0.12455, +361.56% has already provided positive feedback. Don’t let emotions affect your judgment—before the direction is confirmed, patience itself is an advantage. Staying clear-headed when there’s room, and controlling drawdowns when there’s volatility—those are the parts I care more about. Don’t chase the positions you missed; real stable rhythm comes from repeated restraint. 📌 $BTC $ETH

To be honest, after this round of feedback comes in, my heart is still pretty comfortable. Not because of how much the price fell, but because the key levels at the previous high finally really turned step by step into sell pressure. Back then, the order book repeatedly tried to break upward, but it always lacked follow-through. I didn’t get thrown off by the short-term pump. If the rebound strength was insufficient, that means the logic for the short position hadn’t been invalidated. From 65034.0 to 63106, +515.46% gave confirmation to this call. The market isn’t short of opportunities; it’s short of patience. Execution isn’t complicated either—what’s hard is not getting affected by the noise. After cashing out, I’ll shift my focus back to risk control, so profits don’t come under pressure again. If you didn’t catch this round, don’t worry—there won’t be only one chance in the market. 🙂 $ETH $SOL