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Ethereum defense at 1720 is empty. It pushes down again and makes another move to drive a further drop.
1720 is the structural bull-bear dividing line for this round.
Below, the key point for long positions is 1600.
Expect back-and-forth volatility and wait for acceleration.
The strategy has been consecutively successful—hedge on both sides, and wait for a decisive breakdown to confirm.$ETH $XAUUSD