Yesterday, the move surged toward 1,880 but met resistance; after pulling back to 1,802, it rebounded quickly, and the 1,800 support proved effective. Over the past 4 hours, it has been forming a base between 1,800 and 1,820, with the short-term bottom stabilizing; the rebound to 1,855 met pressure, and the resistance from 1,880 to 1,900 is very strong—don’t chase without volume.



The MACD has edged upward only as a quick correction after the sharp drop; the larger trend has not reversed yet.

Intraday strategy: buy dips near 1,820 and sell near 1,880; trade back and forth within the range, and if it breaks out, follow the trend. If it falls below 1,800, watch for 1,760 below. #ETH$ETH
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MarginCallLine
· 07-18 05:10
1800 is indeed a key level. Until it breaks, I also wouldn’t dare to short recklessly—wait for a rebound to around 1850, then consider opening a short position.
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