Star Bro Recap | 0717 ETH Playbook Cashes In: Rebound Under Pressure, Support at 1860-1840 Breaks Down

Today’s ETH plan:

Key focus:

The 1860-1840 support zone.

If the rebound can’t hold above 1860, resistance overhead will keep acting, and in the short term I’ll still look for a pullback.

What actually happened:

ETH’s early session rebounded and tested around 1860, but it failed to form a valid breakout.

Then the price kept weakening:

1860 → 1840 → around 1820.

Lowest dip:

Around 1819.

Why am I bearish?

Judging by the price action, ETH is still in an overall downtrend.

During the rebound:

The highs keep getting lower;

The overhead trendline continues to suppress price;

Although the 1860-1840 area provides support, the rebound strength was insufficient.

So today’s focus isn’t chasing shorts—it’s waiting for:

Rebound into resistance;

Confirm it can’t break through;

Then look for opportunities again.

Market action confirms:

Rebound near 1860 lacked strength;

After 1840 support broke, the downside space opened up.

Ultimately it touched:

The strong support area around 1820.

Compared with the resistance near 1860:

The maximum pullback exceeded 40 points.

In trading:

You don’t need to catch the absolute lowest point every time.

What matters is to find in advance:

Where the resistance is;

Where the support is;

And if price action plays out, how to execute.

Today’s ETH:

Resistance at 1860 held effectively;

Support at 1820 played out.

This is the value of a trading plan.

— Star Bro $ETH #GateDEX全面接入RobinhoodChain