$ETH #Eth (ETH) Price Overview**
Ethereum
After a pullback to 1700, it continues to rebound towards 1900 and follows a consolidation path. The only through top consolidation can we possibly enter a significant pullback and bear market again.
During a pullback, it is impossible to reach the target all at once, so up and down fluctuations are essential. In this kind of market, whether going long or short, it is only suitable for short-term trading, so you need to understand the reasons behind this wave of fluctuations.
If the market breaks through 1900, we can not rule out the possibility of a second peak on the hourly chart. However, if it fails to break the previous high and instead forms another consolidation, then seeking high points to short directly is the hard truth.
The back-and-forth fluctuations are just to create a smokescreen to confuse us, so what we can do is look for high points to short and wait for the pullback. This is my trading thought process.
#ETH
