ETH/USDT is around 1,858.93, with a 24-hour high of 1,885.90 and a low of 1,848.13. It is still within a short-term range, but the position is slightly in the lower-middle.

Short-term range
Short-term direction: choppy and slightly weak
Short-term support zone: 1,848-1,852
Short-term long attempt zone: 1,853-1,856
Short-term resistance zone 1: 1,868-1,874
Short-term resistance zone 2: 1,882-1,888
Short-term invalidation level: if it holds above 1,894, the short-term bearish logic weakens

This part is more like trading-level execution; the core is: don’t chase the middle position, just wait for reactions at the ends.

Medium-term range
Medium-term outlook: we can’t yet say it has flipped into a downtrend; we can only say it’s range-bound, with the short-term performance weaker than an ideal state
Medium-term observation support: 1,840-1,800
Medium-term strong support band: 1,760-1,720
Medium-term resistance band 1: 1,885-1,900
Medium-term resistance band 2: 1,950-2,000

This part isn’t necessarily expected to be reached today; it’s the medium-term view:
If ETH keeps failing to reclaim and hold above 1,885-1,900 for a continuous stretch, then the medium term will still mainly be consolidation in a range;
If later it can regain and hold a higher-level interval, only then will the medium term shift from “consolidation” to “recovery upward.”