ETH has once again pulled back to the intermediate support of $1,731.83. If the price starts consolidating below this level, I will expect a decline to around $1,637.58.

Therefore, it should not be forgotten that a 4h candle below $1,731.83 should be used as a very short-term stop loss.

ETH will feel much more confident when daily candles start closing above the resistance of $1,820.82.

I do not share all of my analyses here. If you want access to the rest of my analyses, feel free to message me privately.

All the analyses I share here are not investment advice under any circumstances.

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