As of June 18, 2026, influenced by the Fed's hawkish stance, ETH experienced a rapid short-term decline, and the technical outlook has shifted to a bearish dominance. Overall trading should focus on shorting rebounds with strict risk control.

Key intra-day levels

· Resistance above: 1738–1760 (the dividing line between strength and weakness), 1790–1810.
· Support below: 1720–1730 (short-term), 1708–1713 (lifeline), 1645–1655 (bullish defense).

📉 Core strategy: Short on rebounds (baseline direction)

· Entry: If the rebound faces resistance at 1742–1760 (long upper shadow), consider shorting.
· Targets: 1730/1720 (scale out), if broken below 1720, look toward 1708–1713. Aggressive traders may target 1650/1595.
· Stop-loss: Set above 1770 (breakout invalidates the bearish view).

📈 Alternative strategy: Low buy at key levels (strict conditions)

· Entry: Only when the price retraces near 1708–1720 and shows clear volume decline with stabilization can a small long position be attempted.
· Targets: 1752–1763, with a breakout looking toward 1790–1800.
· Stop-loss: Below 1690 or 1706 (exit if broken).

⛔ Risk management notes

· Break risk: If the 1-hour chart effectively breaks below 1708, the upward channel is broken, potentially accelerating the decline to 1670–1650. Long positions should be exited.
· Leverage: Keep leverage within 3-6 times, with individual losses not exceeding 1%-2% of total capital.
· Correlation risk: ETH movement is highly correlated with BTC. If Bitcoin continues to weaken, it will drag down ETH.

Currently, the market sentiment is dominated by bearish news. Although there is a short-term oversold rebound, no reversal signals have appeared. All strategies should have strict stop-losses, and profits should be protected by moving stop-loss to breakeven promptly. The above analysis is for reference only and does not constitute investment advice. Please operate based on real-time market conditions. #感谢关注︱互动︱评论︱转发 #以太坊