The small time frame $ETH is currently in a pullback phase, but overall it is still in a consolidation range. How to choose the short-term direction, tonight's news may be key. From a technical perspective, if the small time frame continues to pull back and a closing candle appears in the upper range of 1850-1880, I will short as planned; if there are no top signals in the small time frame, I will give up shorting.

When the price reached 1850 on the upward movement of $ETH , it encountered a pressure decline. Short-term support is in the range of 1815 to 1800.

If the four-hour close stabilizes and it pulls back without breaking below 1800, then the bulls are not finished, and it can still push upwards. The resistance level is still initially at 1850, and then 1870 above that.

Trading Suggestions
Sell when there is resistance at 1850 on a rebound, with targets at 1830, 1750, and 1730, and a stop-loss at 1870.

Buy on a pullback to 1815-1810 if it stabilizes, with targets at 1850 and 1870, and a stop-loss at 1790.