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Ethereum is currently oscillating around 1780. Judging by the current situation, there are some signs of a rebound/repair, but in the absence of a disruptive on-chain ecosystem narrative or strong capital inflows, its resilience is relatively weak, and its overall structure is still in a relatively low-level consolidation phase.
1800-1830 above is an important resistance zone in the short term, while 1750-1720 below is an important support area in the short term!
During the consolidation phase, there won’t be too much action for now. In the short term, you can keep trading within the 1800-1750 consolidation and oscillation range with limited exposure at the lows—stay within the range for 1800-1750 consolidation oscillation! #ETH