$ETH Currently reported at $1,760, up slightly 0.2% in 24 hours, but after rebounding to the $1,800 level earlier, it failed to break through effectively, and dropped sharply by 0.66% within a 15-minute window. Profit-taking and high open interest in derivatives resonated to trigger a short-term pullback. The market-wide Fear & Greed Index is only 27 (Fear), spot ETFs have seen net outflows for 8 consecutive weeks, and institutional funds continue to withdraw.

On the technical side, RSI at 46.6 is in a neutral-to-weak range, MACD remains negative, there is no clear upward momentum in the short term, and it is expected to continue consolidating and seeking a bottom in the $1,750–$1,800 range.
Investing involves risk, so be cautious when entering the market.