ETH is still consolidating at a high level. It stepped back to the lower edge of the channel again at a small level to get support, and then gradually fell after rebounding and testing the expected pressure.
In the short term, we can see that although the volume is obviously shrinking, the bulls are willing to release their momentum.
When the market is consolidating and fluctuating, pay more attention to the price performance at the channel boundary and try to enlarge the time period.
Several locations that need attention
Support position
First position 1750-1770
Second position 1720
Third position 1686
Pressure position
First position 1850-1865
Second position 1890-1910
Third position 1950
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