Morning Auntie's daily chart overall follows Bitcoin's oscillation with a slight upward trend, in the early hours influenced by news linkage, Ethereum first dips to around 1631, then follows Bitcoin's sudden surge driven by breaking news to above 1693, currently hovering around 1665 with sideways consolidation, the trend is clearly weaker than Bitcoin, generally suppressed by resistance around 1685-1690, the upward momentum has significantly slowed.

This resistance at 1685-1690 is very strong, multiple attempts to break through have failed to stabilize.
Below, 1650 is a key support level; once broken, the downward space will open again, and the overall high-level sideways weak situation remains unchanged.

Currently, the market is driven by news, rebounding from a high-level sideways consolidation, key resistance and support levels are tested back and forth, the trend is oscillating, and caution is needed against one-sided upward or downward moves.
Short-term resistance above is clear; to continue the rebound, it must stabilize above 1690.
Once support below is lost, a quick decline is likely.
Avoid blindly chasing longs or over-pressing shorts.
Currently, news is urgently needed to break the current silence.

Trading strategy:

Light short positions near 1695 after rebound, first target 1635, second target $BTC 1605-1620.