On July 12, 2026, Ethereum (ETH) traded in a range around $1,800, with the overall market attempting a short-term rebound, but the medium-term trend has not yet reversed—bulls and bears are locked in intense competition at key levels.

📊 Key points on the chart

· Price position: Current price around $1,810** (up about 0.5%–1.5% over 24 hours); earlier in the day it dipped to below **$1,800**.
· Key moving averages: It is testing the 50 EMA ($1,801)** and has already moved above the 20 EMA; but **the 100 EMA ($1,954) and the 200 EMA ($2,233) are still overhead, forming major medium-term resistance**, and the big trend has not reversed.
· RSI indicator: Around 58.69, sitting in a neutral-to-slightly-strong zone; short-term momentum is acceptable, but not overheated.

📈 Trading plan for today
Weekend market conditions are usually choppy; with price near resistance, both bulls and bears have opportunities, but strict stop-loss is required.

· Bearish idea (near resistance level): If price rebounds into the $1,818–$1,829 range and faces rejection, consider a small short position; set stop-loss above $1,838**; targets are around **$1,790–$1,770**.
· Bullish idea (pullback to support): If price pulls back and stabilizes in the $1,770–$1,784 range, consider a small long position on the dip; set stop-loss below $1,750**; targets are around **$1,800–$1,824**.

⚠️ Risk warning: Be cautious of insufficient weekend liquidity. If it breaks below $1,730, the rebound structure will be damaged; if it breaks above $1,830 with increased volume, short positions must exit decisively. The above is technical analysis and does not constitute investment advice—please make rational decisions.#以太坊