ETH Today’s Market Outlook

ETH’s current price is around 1,810. After a short-term rebound from a low near 1,503, it has continued to strengthen and is now entering the area of prior resistance testing.
At present, the overall structure is still relatively bullish, but the price has already reached the 1,800—1,850 resistance zone. Short-term long momentum is starting to slow down, and it’s important to watch whether the resistance level can be broken effectively.

From the 4-hour chart:
Since rebounding from a low near 1,503, ETH has regained several moving averages. The current price is trading above the moving averages, and the short-term rebound structure remains intact.
However, the price is now nearing the prior consolidation resistance zone:
First resistance above: 1,830—1,850
Stronger resistance: 1,880—1,900
If the price cannot effectively hold above 1,850, profit-taking is likely to occur from above, leading to consolidation and correction.
Key support below: 1,780—1,750
Stronger support: 1,725—1,700

From the 1-hour chart:
This upswing structure is relatively clear. After breaking above the 1,700 area, the price has been steadily rising and is currently maintaining a bullish alignment.
But recently, the price has been ranging and consolidating above 1,800, which suggests a divergence between bulls and bears.
If, in the short term, the price pulls back to the 1,780—1,750 area and stabilizes there, the bullish structure will still be valid.
If it breaks below 1,725, it would indicate that the pace of the rally is damaged, and it may retest around the 1,700 area.

From the 15-minute chart:
ETH has surged to around 1,848 and then quickly pulled back. It is currently consolidating around 1,810.
The short-term move shows a high-and-retrace pattern, indicating that selling pressure around 1,850 is significant.
At the current level, it is not suitable to chase longs directly. It’s better to wait for a pullback support confirmation to go long, or wait for a failed breakout and consider shorting.
Today’s main idea:
As long as the 1,830—1,850 resistance zone is not broken, it’s easy to see a pullback after pushing higher.
As long as the 1,780—1,750 support zone holds and doesn’t break, you can still buy the dips after pulling back.
Current bias:
Short-term is slightly bullish; prefer going long on dips, with high-probability shorts as secondary$ETH ‌#GateUS合规扩展佛罗里达