ETH retraces to 1783, the last squat before the breakout

$ETH Today at 1783, down 0.11%, from the early session high of 1790 to 1783, a normal pullback before testing 1800. The news is still about that slip-up losing 2M—such news is ignored in a bull market and amplified in a bear market. The market choosing to ignore it now indicates sentiment is indeed warming up.

The technicals remain healthy. MA5 is 1777, MA10 is 1778, both levels are below the current price, and MA20 at 1757 provides support underneath. Volume is 8.95k, with a turnover of 2M, significantly higher than the weekend, showing continuous buying pressure. 7-day +10.59%, 30-day +13.65%, 90-day -20.36%, half-year -43.70%. Short- and medium-term recovery is progressing steadily.

At 1783, it's only $17 away from 1800, a classic coiling before the final push. As long as the support zone of 1750-1760 is not broken, the bulls are fine. ETH has risen from 1500 to 1783, nearly 19%, and the trend is very clear. The question is not whether 1800 can be reached, but whether it will happen today or tomorrow. A pullback is an opportunity—don't get shaken out.