#EthereumFuture
1. Current price position (approximately 1,777 USDT):
Trading in the mid to near upper range of the Bollinger Band.
Nearest resistance zone: 1,794–1,800
Nearest support zone: 1,743–1,722
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2. Technical indicators:
RSI(14): ~65 → Near overbought zone → a correction may occur.
MACD: Weak upward momentum, no clear trend confirmation signal yet.
Bollinger Bands: Price approaching the upper band → profit-taking pressure may appear.
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3. Order Book:
Selling pressure dominates around the 1,777–1,778 range.
Many large sell orders are positioned above → indicating downward price pressure.
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Conclusion & Strategy:
ETH is near the short-term resistance zone, if it cannot break through 1,794, a correction is likely.
Consider light shorting around the 1,790–1,795 range if a reversal candle is confirmed.
Be cautious of fake-breaks; wait for clear confirmation through candles or volume.