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Currently, combining the daily and hourly chart trends, Ethereum's short-term upside needs to continue focusing on the test near 1830. If it stands firm above today, then Ethereum may have a turnaround in the next few days, but this ultimately depends on the news situation.
On the hourly chart, Ethereum's short-term consolidation trend is still very obvious. Currently, it continues to oscillate within the 1830-1730 range. Technically, it is slightly bullish. Today, it may break through the short-term resistance at 1830, then test 1850 or the trendline resistance near 1880. However, it is still difficult for short-term price action to form an effective upward climate, so while we can focus on bullishness, we should not have too high expectations. #ETH