Briefly discussing the market situation of Ethereum, following the previous analysis of Ethereum’s market, the volatility is not very large. The price has reached the resistance level around 1820, with a slight pullback demand, but currently, the market still belongs to the bulls.

The support level below 1720 can be used for a rebound, with a stop loss at 1700.

Those looking to short can take profit around 1720 and 1700, and if it breaks below, continue to hold.