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$ETH The rebound after the decline is not a trend reversal.
A quick dip around 700 (emotional low), followed by a V-shaped rebound to 1759. Currently, it is pulling back to fluctuate between 1730 and 1740.
A short-term resistance forms at 1745, with strong resistance zones at 1755–1760, and 1780 as the trend dividing line.
Short-term support is at 1730, with a key defense at 1720, and a structural low at 1700.
Selling pressure is still present above, and the bulls lack sustained momentum; the bears have not yet made a second push. Waiting for signals from various zones! I will continue to share suitable entry points in the future.