Ethereum surged to the 1800 level but faced resistance and pulled back, forming a death cross on the moving averages, with short-term correction risks accelerating. Last night, ETH surged to 1808 before diving under pressure. Now at 1770, it has failed to break through 1800 twice in three days, with clear resistance above.

On the daily chart, MA7 crossed below MA25, forming a death cross, indicating weakening short-term momentum; the price remains under pressure from MA7, and bulls are unable to hold the 8000 level steadily. On the 4-hour chart, the MACD divergence continues, while RSI turns down from high levels, with upward momentum consistently declining.

Short entry reference for Ethereum: Aggressive entry at 1780-1800; conservative entry wait for a rebound near 1800 to short, targeting 1750 and 1710.

After a valid breakdown below 1745, wait for the 1690-1660 support zone to go long. The 1800 level has been tested three times unsuccessfully; if it fails to break on the fourth attempt, the probability of a downward move to find support increases significantly. #Vitalik公布精简以太坊路线图