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$ETH Intraday Market Analysis
Direction: Bearish, ETH is weaker than BTC.
Key points: 1780-1790 has formed resistance, a rebound to 1780-1810 is a selling opportunity, targeting 1725-1680. If it unexpectedly breaks through 1810, wait for 1850-1890 to add to the short, do not chase.
Long positions: The bulls are too weak, do not buy the dip easily. Only wait for a sharp drop to the 1690-1650 range, and once stabilized, try a small long position.
Summary: A rebound is a signal to short, do not chase longs. The Federal Reserve's hawkish stance suppresses the market, ETH has high elasticity, and falls faster when it drops. Strict stop-losses, do not hold onto positions blindly.
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