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Ethereum dipped to a low of 1757 early in the morning and stabilized, now at 1798, holding above the middle Bollinger Band, with continuous capital inflow and bullish indicator momentum.
Short-term resistance levels are 1801 and 1839, with support at 1786.
The early morning pullback to buy the dip has been realized, and the outlook remains bullish moving forward.
A pullback to support levels can be used for a second entry to buy long positions, and the overall upward trend remains unchanged.