$ETH The current Ethereum price is around 1,770, needing to break through 1,800-1,850 above. This position is the upper bound of the descending channel and the 200-day moving average. After breaking through, it may confirm a trend reversal, with a target of 1,900-1,950. Short-term support levels, according to the 4-hour EMA50 line, are in the range of 1,725-1,750. If lost, it may retest the psychological level of 1,700, with extreme support referenced at 1,680. The daily chart is still constrained by the descending channel of 1,800-1,850 USD; a breakout is needed to confirm reversal signals.