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Zhao Youdao: ETH Morning Call (Live Price 1793)
Ethereum is currently seeing high-level volatility and is trading sideways below the 1800 level. Yesterday’s long positions stalled around 1800. Looking at the daily chart, although it continues to move upward, it is being capped at 1800—this is still a strong resistance. Youdao suggests basing the trade on the resistance above, switching from long to short for high-altitude positions. It is recommended to open a short around 1810 on the rebound, defend at 1850, and target around 1740.