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A major market move is about to kick off. Price action is being driven by market data and sentiment, increasing short risk.
For ETH, pay attention to the area around 193-195—you can try moving down there.
For the bottom, watch 185-183; if you go deeper, you can also consider 179. Please note the risks.
The market is currently polarized, with sentiment relatively heavy. There will be major news catalysts the day after tomorrow.
You can take a look.

The direction of the “big cake” is very clear. If the 4-hour price channel can’t be reclaimed, it will most likely accelerate and touch the 608–605 area.