6.21 Afternoon Auntie Pan🍜 Poetry Viewpoint

Today’s key support and resistance analysis!
Morning trend synchronized with Bitcoin’s rise, following the market to hit a short-term high, then the upward momentum weakened, profit-taking by bulls caused a slight pullback, currently fluctuating within a high range.
A rebound started from the 1678 low on the 4-hour chart, reaching a high of 1749, now at 1732. After the surge, two consecutive correction candles appeared, indicating short-term bullish momentum is waning, but the overall upward channel remains intact, only a phase of consolidation, with the main trend still bullish.
Resistance levels: 1749, 1760
Support levels: Short-term 1725, core defense 1710
Trading suggestions:
1. Buy on dips around 1725-1730, target 1745-1749, stop loss below 1720 and exit;
2. If a direct surge cannot stabilize above 1749, consider a small short position to catch a slight pullback.$ETH