$ETH The current price is moving sideways in the 1748~1794 range, with a slight rebound. Overall, it is in a consolidation phase after a big drop. At this time, chasing higher blindly or shorting against the trend in this middle zone carries relatively high risk, but the bigger trend is still bearish. During the decline from 1848.00, the trading volume below has clearly increased, indicating strong sell pressure at higher levels. If the price breaks down through the previous swing low and the strong 1736 support, the entire rebound structure will be damaged.


Conservative strategy: wait for the price to pull back to around 1760, which is the stabilization zone where the sell-off stops and rebounds after the big drop, or wait for a breakout with increased volume above the 1800 resistance level before following the move. Meanwhile, strictly set stop-loss rules to control funds
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ETH6.26%
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HTXchen1
· 6h ago
Go for it 👊
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