July 17 afternoon, Bingbing analysis

ETH is currently at 1,836, down 4.68% today. Funds saw net inflows of 141 million, but the price is still dropping, indicating that active sell pressure is dominant. For the short term, watch the 1,833 support level; if it breaks, it will open up further downside room. On rebounds, resistance lies at 1,850-1,860. In terms of trading, the outlook is more bearish and range-bound—do not chase shorts during a sudden drop. If rebounds look weak, you can try entering a short position with a small size. Strictly control your stop-loss at 20-30 points. Long positions need to wait for a clear signal that the market has stabilized. With high volatility, pay attention to position sizing.
Personal suggestion: 1,860-1,890 target: 1,790-1,740