The current ETH price is around 1700. It rebounded from the low last night with short-term volume, but overall it is still weaker than BTC. This is a weak recovery market, not a reversal to strength.

The hourly rebound volume is gradually declining. The first resistance above is 1725, which is today's bull-bear watershed; the support below is 1670. Once it breaks, the rebound will end and it will fall back into a volatile decline.

Intraday trading strategy:
First, aggressive long: Enter after a pullback and stabilization at 1670-1680, target 1720, stop loss below 1660. Only short-term, no long-term holding.
Second, prudent short: When the price rises to 1720-1730 and stagnates, with weak upward momentum, directly open a small short position, target back to 1680, stop loss above 1745.
Third, if the price is stuck in a narrow range between 1680 and 1720 for a long time, do not open positions frequently, wait for a breakout before following.

Final reminder: In a volatile market, avoid chasing rises and falls. Control leverage positions within 20%, strictly set stop losses, and avoid being repeatedly stopped out.

Risk warning: Virtual currency transactions are extremely volatile. This content is only a technical analysis of the market and does not constitute any investment advice.