As of July 6, 2026, Ethereum (ETH) is trading in a range around $1,780, facing the key resistance level at $1,800, as the market awaits a breakout signal.

## Core Trading Range

· **Key resistance:** $1,780 - $1,800. If the daily candle closes above this area on increased volume, it will most likely confirm a reversal, with an upside target of $1,900 - $2,000.
· **Key support:** $1,700** and **$1,600. If the breakout fails, it will most likely pull back to this range to find support.

⚖️ Long/Short Battle Focus

· **Bullish signal:** RSI 55.53 (not overbought), paired with a MACD golden cross, with relatively strong short-term momentum.
· **Bearish risk:** If it breaks below $1,692, major CEXs will trigger up to **$549 million** in long liquidations, bringing a risk of a sharp decline.

📊 Today’s Strategy Reference (Note on Volatility Risk)

· **Breakout and go long:** Only if the price breaks above $1,800** with a bullish candle on increased volume, follow with a small position; target **$1,900.**
· **Buy the pullback at low levels:** Place buy orders in the strong support area of $1,700 - $1,730 to catch the rebound.

Macroeconomic background: Cooling expectations for the Federal Reserve’s rate hikes have put pressure on the U.S. dollar, providing recent support for risk assets, including ETH.

ETH is at a critical inflection point of “advance or retreat.” It is recommended to wait patiently for a confirmation signal at $1,800** or a pullback opportunity at **$1,700.** Trade cautiously within the range and set stop-loss orders strictly. #以太坊