On July 10, 2026, Ethereum (ETH) was trading around $1,770, in a technical rebound phase after a major drop. Today’s key is whether it can stabilize above $1,740 and challenge the strong resistance zone at $1,780–$1,800.

📊 Today’s key levels

· Upper resistance: $1,778–$1,780 (first intraday pressure), $1,800–$1,809 (strong resistance at the 50-day moving average; determines whether a reversal is possible).
· Lower support: $1,740–$1,745 (short-term lifeline), $1,712–$1,717 (mid-term watershed; if broken, conditions turn weaker).

⚖️ Long vs short contest and strategies

The market is currently caught between a rebound after the sell-off and resistance that is capping price action, with large options expiries potentially increasing intraday volatility.

· Long opportunity (pullback to support): If the price pulls back to $1,740–$1,745 and BTC stabilizes, you can try a small long position. Set a stop loss below $1,735, with a target of $1,778–$1,800. If it can rise and hold above $1,800 with volume, upside room will open.
· Short or wait opportunity (resistance rejection): If the price rebounds to $1,778–$1,780 and clearly stalls, you can try a small short position. Set a stop loss at $1,810, with a target of $1,740. Until $1,800 is broken, the overall view remains to treat moves as rebounds.

⚠️ Special reminder

Today, watch BTC’s gain/loss around $62,000 closely, and also note that volatility during tonight’s US market options expiry window may sharply amplify. It’s recommended to tightly control leverage and position sizing (no more than 10% per trade), and not to chase pumps or sell-offs.

ETH is at a critical point that can go either way. A prudent approach is to wait for a directional choice between the $1,712 support and $1,809 resistance before following. #以太坊