ETH Today Market View

ETH’s current price is around 1790, and the overall trend is still in a high-level consolidation phase after rebounding from the 1503 low.

From the 4-hour chart:

After ETH rebounded from 1503, it has already regained the short-term moving averages. The current price is near the 1800—1830 resistance zone. This area is around the previous rebound high and also near the MA240 resistance. In the short term, the bulls have already released some momentum; for further upside, a breakout with increased volume is needed.

Key resistances overhead:

1800—1830
1850—1900

Key supports below:

1760—1740
1700—1680

From the 1-hour chart:

The structure is relatively strong right now. Price is oscillating above the moving average, indicating that the bulls have not clearly retreated. However, after the rise, it has entered a sideways range. Since volume has not continued to expand, a pullback to confirm is likely.

From the 15-minute chart:

After ETH surged to 1833, it fell back. It is now oscillating around 1770—1800.

At the current position, it is not suitable to chase longs. It is more suitable for:

① Buying on a pullback to support
② Shorting when a high-riding attempt fails at resistance

Today’s plan:

If 1800—1830 does not break effectively, prioritize waiting for a pullback.
Only after breaking 1830 and holding above it will upside room open. #GateUS合规扩展佛罗里达 $ETH ‌