Currently, based on MACD, the two-hour timeframe shows a rebound signal, while the four-hour timeframe's major trend momentum is contracting, indicating a downward signal. Looking at the naked candlestick chart, the 1800 breakout was not sustained and is still being tested. A key turning point. I personally suggest observing the market and letting it move further. If it does not break the 1800 level, the outlook remains bearish toward around 1750. If it breaks above 1800, it could rise to the strong resistance level at 1850. $ETH

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Two pancakes
Breakout upward movement
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Downward trend
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