#ETH突破1700 On July 3, 2026, Ethereum (ETH) price broke through $1,700 and then entered a consolidation phase, currently in a pullback confirmation period following a strong rebound. Current Price and Trend Characteristics

After an early morning spike to $1,725, ETH pulled back and is now trading in the $1,680–$1,700 range, with intraday volatility narrowing as bulls and bears fiercely contest this zone. The hourly MACD has formed a death cross with shrinking red bars, indicating a weakening of short-term upward momentum; however, the daily MACD golden cross remains intact with continuous red bar expansion, suggesting the rebound structure is not yet broken.
Key Price Levels Analysis
Resistance Above:
First resistance is at $1,710–$1,720, the high area from yesterday; a breakout here could challenge the mid-term resistance at $1,735–$1,750.
If it can hold above $1,720 on strong volume, the rebound space will further expand.
Support Below:
Short-term key support lies at $1,680–$1,695, which previously served as a bulls-bears pivot zone and has now turned into support after the breakout.
If $1,680 is lost, it may pull back to the strong support zone of $1,650–$1,665; in an extreme case, it could test the initial rally platform at $1,620–$1,635.
Bullish vs. Bearish Signals and Trading Advice
Bullish Signal: The daily rebound structure remains intact, price is still above $1,680 support, and the pullback is a normal profit-taking distribution.
Bearish Signal: Hourly technical indicators are weakening, the $1,710–$1,720 resistance is effective, and the medium-term bearish trend has not reversed.
Trading Strategy
Pullback Long: Stabilize and go long lightly in the $1,680–$1,695 range, stop loss below $1,670, target $1,710–$1,720, and after breakout, look for $1,735.
Breakout Long: If it holds above $1,720 on strong volume, go long following the trend, stop loss below $1,700, target $1,735–$1,750.
Rebound Short: If it meets resistance at $1,710–$1,720, go short lightly, stop loss above $1,735, target $1,690–$1,680, used as a hedge.
Overall, ETH remains in the rebound cycle, but with significant overhead pressure. Attention should be paid to whether the $1,680 support holds; if defended, the rebound is likely to continue; if lost, a deeper correction may follow.