ETH spot price is 1,926. It is rebounding in sync with the broader market. In the short term, bullish sentiment has warmed up, but the overhead pressure range is gradually approaching. Upward momentum volume remains consistently weak. In a high-range consolidation pattern, be cautious of a drop back after a surge.
Wait for a rebound to test the $1,950–$1,975 resistance zone. When it confirms it’s being rejected, open short positions in batches;
first target 1,890, second target 1,850.
If it fails to effectively hold above 1,990, do not blindly chase longs. At this stage, the risk-reward ratio
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