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Ethereum has currently broken below the downtrend line, and a lower-level descending channel has formed, but it is approaching the lower boundary of the channel. It is not recommended to chase short positions for now.
Support below is around 1600, with resistance above near 1750.
In smaller timeframes, focus on the 0.618 (1635) support; only consider the market weak if it breaks below 0.786. $BTC