Ethereum (ETH) is currently trading around $1,720 (24h increase of about +1.76%), and the market is in a critical battle zone between the resistance levels of $1,650 and $1,700, showing a sideways pattern.

📊 Market Core Dynamics

· Key levels: Above $1,720-$1,750 is a strong resistance zone, below $1,650-$1,600 is a short-term support band.
· Capital flow: ETF net outflows of $14.8 million last week suppressed sentiment, but strong staking demand (nearly 3 million ETH in queue) and some institutional holdings offset selling pressure.
· Technical analysis: Price remains below the moving average system, with a long-term downtrend still in place, and no reversal signals on the daily chart yet.

📈 Today's Trading Strategy Recommendations

· Range trading (buy low, sell high):
· Long positions (northbound): If the price stabilizes around $1,650 during a pullback, consider a small long position, targeting $1,680-$1,720, with a stop-loss below $1,600.
· Short positions (southbound): If the price rebounds to face resistance at $1,720-$1,750, consider a small short position, targeting $1,650, with a stop-loss above $1,800.
· Breakout follow-up: A volume breakout above $1,750 can be a signal to add to long positions; a drop below $1,600 warrants caution for accelerated decline risk.
· Risk reminder: If upward movement lacks volume support, a breakout may be a “bull trap” (false breakout), so avoid blindly chasing highs.

Summary: In the short term, the market is likely to digest bullish and bearish signals within the $1,650-$1,720 range. It is recommended to adopt a high sell, low buy strategy. Only if the price stabilizes above $1,750 can the upside be opened; falling below $1,600 requires risk prevention. #以太坊 #感谢关注 #每日分享