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ETH intraday trend, current price around 1730, after oversold conditions, slight rebound with oscillation, weak rebound momentum, hourly chart shows resistance and pulls back, short-term support at 1715-1680, short-term resistance at 1800-1835, ETF continues to see net outflows, bearish trend is clear, daily chart is under all moving averages, Bollinger lower band opening downward, no signs of stabilization or reversal, still predominantly bearish, the second target of the second dip has been reached at 1750, the third target is seen at 1480.
Entry point around 1780-1800 for short positions, target 1715-1680, move stop-loss accordingly.
Personal opinion, for reference only.