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July 3 $ETH Market Analysis (with long/short points): Ethereum finally surged to the 1715 resistance level mentioned last week yesterday, with a slight pullback. Given that the current hourly chart is twisted like a pretzel with no clear signal, it is recommended not to place a market order at this level.
First, do not easily short at the 1720 level unless it reaches the resistance near 1815, where you can consider shorting.
In the next few days, if it retests 1640-1625, you can participate in long orders for a bounce.
The overall market revolves around these two zones.