Last night’s ETH spike had only one purpose: to flush out panic sell positions.



After a sharp drop, it quickly rebounded, indicating that the sell pressure has been effectively absorbed and the 4-hour uptrend remains intact. After the CPI data was released, liquidity expectations shifted toward recovery and risk appetite is returning.

Now watch two key levels:

Resistance: 1900. If it breaks, the target is above 2000.
Support: 1780–1800. If it holds, the long bias remains unchanged.

Don’t be scared off by a single spike. Big moves often start when most people are despairing. Next, focus on the strength of the breakout at 1900—once the direction is confirmed, larger volatility is right ahead. Opportunity always goes to those who are prepared.
ETH4.95%
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NeonUmbrella
· 6h ago
Last night that wash was definitely clean; as long as 1780 holds, feel comfortable holding the position, and once it breaks through 1900, we’ll talk again based on the volume.
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