Currently, Ethereum, combined with the daily and hourly charts, can see a certain amount of rebound continuation in the early part of this week. Upward, continue to watch the battle around 1800 first. If it breaks through, then look at around 1840, which is also the short-term highest rebound level technically viewable.

If Ethereum unexpectedly continues to stay above 1800 this week, then the ongoing downtrend will be greatly improved. However, whether it can further recover later depends on the impact of news.

And if Ethereum continues to oscillate below 1800 this week, then we must guard against the possibility of a renewed decline and continued fall later. The downside still needs to watch the battle at 1750 first, then look at around 1700 again. But if news continues to bring negative factors, it is possible for Ethereum to fall to around 1650-1600 in the medium term.

Currently, conservatives should try to watch more and move less to avoid the uncertain risk that the US-Iran negotiations have not yet produced a clear result.

Aggressive traders can go long low and short high in the short term within the small range of 1800-1750 and the large range of 1840-1700.

#ETH