ETH as expected, again retesting 1750 for support, with a slight rebound during the day. There isn't much trend in high-level fluctuations, but while maintaining strength, one can clearly feel a mysterious force supporting the market.
The market has returned to a state of waiting for news-driven movements.
As mentioned earlier, Bitcoin has stood above 94k, and upward momentum remains strong. A pullback is expected, but when the market refuses to pull back, one needs to think more about what the market is doing.
In terms of strategy, ETH has become clearer, looking for an upward breakout near the previous high of 1950. A downward break of the channel would look towards 1690 on a retest.
Several positions to pay attention to
Support position
First position 1750
Second position 1720
Third position 1686
Resistance position
First position 1830-1850
Second position 1890-1910
Third position 1950
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