Looking at the ETH market from the daily, 4-hour, and 1-hour three time frames, the daily chart's low points continue to rise, and the overall upward trend remains intact. Funds remain in a net inflow state, but after reaching a peak, there has been selling pressure causing a decline. The daily RSI is close to the overbought zone, showing a demand for a pullback. On the 4-hour level, the price has pulled back from the upper Bollinger band to near the middle band, with the MACD changing from red to green, and the KDJ exhibiting a downward cross at a high position, causing all wave momentum to weaken.

The 1-hour sentiment continues to release, with overall indicators leaning towards weakness but not yet entering deep oversold territory. Short-term support is at 1860, with resistance above at 1900 and 1930. It is advised to lightly attempt a short-term rebound. For wave pullbacks in the 1860-1800 support range, positions can be established at lower levels. The mid-term strong support at 1750 acts as a watershed for determining the market's direction; if it falls effectively below, a shift in trading strategy is necessary.The above is purely a technical analysis of the market and does not constitute any investment advice.Follow Coin Mr. for real-time market analysis.
7.17 Ethereum Short-Term Reference:
Move south above 1925, defending at 2020, targeting below 1900,
Move north below 1860, stop loss at 50 points, targeting above 1910,
There may be delays in sending chapters, and strategic suggestions are for reference only. The market changes rapidly, regardless of how well one judges the market, be sure to manage profit-taking and stop-loss effectively for safety.
For more real-time trading strategies, online technical learning, and methods to break out, you can follow the mentor's public account (Coin Mr. Talks About Coins) for addition methods: the first ten each day can receive free strategies for breaking out.

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