$ETH ETH briefly surged to 1616 then pulled back, indicating selling pressure above.



Current trend:

Short-term: surged and retraced, entering consolidation

Support: 1590, still strong if not broken

Strong support: around 1570

Resistance: 1610–1620

In a word: the uptrend is not broken, but short-term consolidation is needed first, waiting for direction before the next move.
ETH3.66%
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