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💥$ETH Is it calm before the storm? Are you watching from the sidelines?
Yesterday, Nannan gave the idea of a rebound short, but Ethereum didn't even give a decent bounce, just moved sideways—this market is quite "proud," isn't it?
Currently, the price is hovering around 1670. If it can't break through this "ceiling" at 1680, the bulls won't be able to turn the tide. Once 1650 is broken below, the first stop is 1632. If it can't hold, then 1600-1580 is in sight. Right now, it's a narrow range oscillation between 1630 and 1680. Until the direction is clear, acting is just gambling. Nannan suggests: it's best to wait for signals!
The short-term script is very clear: break through and stabilize above 1680, aiming for 1700-1750. If it falls below 1650, the bears regain control. If it drops below 1640, the downtrend channel opens directly!
Brothers, the market remains weak in the short term. The main force isn't rushing to push up. Why are you in such a hurry? So, for now, focus on 1680. If it breaks through, then consider attacking; if not, it's either bottoming out or testing again!