Ethereum experiences a round of intraday pullback, with the current price holding at the 1760 support level and consolidating sideways. On the hourly chart, although the price has broken below the middle band of the Bollinger Bands, the bearish momentum continues to weaken, with the KDJ indicator's three lines gradually turning upward together; the 15-minute MACD bearish green bars are narrowing, and the KDJ is about to form a golden cross. In the short term, as long as the price does not effectively break below the 1750 support, the market is likely to remain in a range-bound consolidation, with expectations of a rebound and recovery later on.