ETH has never managed to hold the 1,800 level, and at this stage it’s not something to call a market reversal.

The 1,800 area has been bouncing back and forth for days; from the hourly cycle, 1,848 is an extremely strong resistance, with a large amount of sell orders pouring out. This sharp pullback has also intensified market panic.
U.S. stocks have continued to fall; institutional funds are leaning toward safe-haven assets, and the overall downtrend in the market has already become apparent.
After a big drop, the upside rebound space is very limited. When the price rebounds back to around 1,795, you can look to short; the first target below is 1,730#eth $ETH