Currently, the short-term Ethereum bias is bullish from the hourly perspective; the MA50 and MA200 hourly moving averages are still pressing downward, the medium-term bearish structure has not reversed, and recent movements are a technical rebound after a sharp decline, not a trend reversal to bullish.

The bullish upward momentum is gradually weakening, with signs of bearish divergence. The Bollinger Bands are slightly opening, the price is running close to the upper band, volatility is expanding, and there is a need for a pullback to the middle band at any time. The high-level turn signals an expected death cross, indicating a short-term reversal point!

The first strong resistance above is in the 1835-1840 area. If it cannot continue to break out and hold above 1835 with volume,

the hourly level will start a pullback, with a target lower to 1750. If it loses that level, it will further decline to the 1700-1670 range. #ETH突破1700