$ETH

7.14 Ethereum morning analysis
Ethereum continued to fall and probe for a bottom near the 1747 support in the early period. In the short term, an oversold rebound rebound launched and began to repair; the price gradually moved closer to the upper band, and short-term long sentiment has slightly warmed up.

But the weak structure of the larger cycle remains unchanged. This rebound is only a technical correction after the sell-off, not a trend reversal. The overall bearish pattern remains unchanged, and resistance overhead is clear. Don’t chase longs.

Trade: short in the 1790-1800 range, target 1760-1750