7.17 Biscuit Board Review

The current market is dominated by controlling positions. The price has fallen below the 1845-1850 support zone, with the low reaching 1842. The short-term bearish structure is intact, and rebound strength is limited.

The price is consolidating around 1842. The AVL moving average at 1851 has flipped to resistance from above, so intraday rebound room is limited. The area above 1855-1865 is the new resistance zone. If the rebound rises into this range but cannot break through with increased volume, it still presents a high-control opportunity.

Watch the 1830-1835 area below: if the price continues to probe lower to this zone and shows a sign of a bottoming out, you may attempt a mild rebound. If it breaks directly below 1830, the downside space opens further, targeting 1810-1800.

Trading range:

· Mild rebound attempt: 1830-1835 mild try for a rebound; stop at 1815; targets 1850/1860
· Control: 1855-1865 wait for a counter-swing; stop at 1875; targets 1840/1830

Key intraday levels: resistance 1855-1865 above, support 1830-1835 below
Direction: controlling positions dominate—wait for a rebound, then take control; don’t chase the downside $ETH #ETH站稳1900美元