Concubine 3.14

The price of Ethereum touched a low of $1820 in the early morning, then rebounded to the range of $1880-1922, but failed to break through the key resistance level. The EMA moving averages are spreading downwards, the MACD is rising on reduced volume, while the DIF and DEA are consolidating at low levels, indicating that the overall trend has not reversed.

Trading volume is declining in sync with the price, and the Williams indicator shows no overbought or oversold conditions. The market has entered a quiet wait-and-see period, needing new driving factors to break the deadlock.

Long Position Strategy: If it holds steady at the $1820-1830 support, it may test the $1900-1950 resistance, which needs to be accompanied by an increase in trading volume.

Short Position Strategy: Small short positions near $1900, with a breakout above $1880/1900. Watch for a potential short at $1965. (A drop below $1800 may trigger leveraged liquidations, targeting $1750-1700.)