Last night, the first line of thought was to observe the stabilization of 86000. After the evening line change stabilized above 86000, the price broke the previous high to around 87200, and then fluctuated around 86500 until the announcement of the tariff policy, with the price reaching a maximum of 88500.

The thought process had already indicated last night that with the stabilization at 86000, a long position could be considered. Once the tariff policy was announced, the price began to plummet, reaching a low of 82300, which also served as support for the daytime low on Tuesday, with Ethereum dropping to 1780, effectively not breaking the support.

So during the daytime, we can observe the stabilization of the price after the line change. The current four-hour chart is supported at 82500, halting the decline, while the hourly chart is in a breakdown state. Here, we can monitor the stabilization at 82500 after the line change and the recovery on the hourly chart. If it breaks below 82500, we need to watch the support in the 81500-81000 range below. If it does not break, we can go long here to look for a rebound!

For Ethereum, the first line of support is still focused on 1780, also looking at the stabilization situation. If it breaks below, we will look at 1750, where the support in this range is still very strong. The straight drop from this round of highs has not effectively broken the support, so looking for rebound opportunities in this range is very worthwhile.