On July 5, 2026, Ethereum (ETH) has broken through the $1,800 mark, with short-term technical indicators turning positive. However, the price is now approaching a key resistance zone. Whether this is a trend reversal or a bull trap, caution is still required.

📊 Current key market positions

· Latest price: approximately $1,803, with a 24-hour gain of about 3.8%.
· Upper "tiger's mouth" resistance: $1,820 - $1,860 is a "hard nut" that combines the 50-day moving average and the long-term descending trend line; only a breakout can lead to a reversal; further above is the liquidity strong resistance zone of $2,000-$2,200.
· Lower bullish bottom line: $1,700** is the short-term strength-weakness dividing line; if lost, it may retrace to near **$1,640 or even $1,570.

📈 Long-short sentiment battle

· Bullish signals: standing above 1700, MACD golden cross, whales accumulating at low levels (near $1,591), and spot ETF re-net inflows (approximately $29.08 million).
· Bearish risks: the daily trend remains bearish, and summer liquidity is poor; volume-decreasing rallies are easily suppressed by bears at resistance levels.

💡 Today's strategy reference

· Conservative wait-and-see: currently in a "neither up nor down" position; it is recommended to wait for a volume-supported stabilization above $1,760 or a pullback to confirm support at $1,700 before acting.
· Aggressive long (requires courage): if it pulls back to $1,710-$1,730 and stabilizes, you can try a light long position, stop loss below $1,690, target $1,760-$1,800.
· Conservative short (against short-term trend): if it rebounds to $1,780-$1,800 and shows obvious stagnation, you can try a small short position, stop loss above $1,830, target near $1,730.

One final reminder: summer market liquidity is thin; regardless of long or short, be sure to strictly set stop losses and avoid heavy chasing of ups and downs. #以太坊