the price has dropped below the support level of 1810, the next effective support level is around 1680. According to the current trend, the likelihood of a drop to the lower support level is very high. A large number of Long positions waiting to be liquidated is also a reason for the price decline, coupled with panic sentiment in the market causing a sell-off. Conversely, there are also quite a few people pursuing short positions at this level, seemingly predicting that the price will drop to 1000. It is advised that everyone remains calm, temporarily do not participate in Ethereum, and wait for a clear signal to appear.
