Currently, ETH continues to watch how price handles the overhead pressure/resistance in the 1800–1845 range and the 1930–1970 range. If the resistance is held without breaking, you can try a higher-level short. Watch the support below at 1715, 1660, and 1600—if the supports are not broken, you can also try a lower-level short. Keep an eye on the upper “re-entry” zone to enter. If there is a substantial breakdown below 1600, you can continue to try shorting from the higher levels while looking for the recent new lows.

ETH-3.51%
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