The price of #ETH ETH shows a mixed trend of bulls and bears. The price is at $1800, tested at the defensive replenishment point of $1850 yesterday. If it falls below $1800, the bullish trend faces challenges. From a technical analysis perspective:

- Daily Chart: The EMA trend indicator shows a strong bearish trend, with short-term pullback contraction. EMA15 and EMA30 have contracted to around $1720 but are still stretching upwards; the MACD indicator has seen continuous volume reduction, with DIF originally breaking the 0 axis, and the K-line has retraced below $1800, hindering the bulls. DIF and DEA still maintain a bullish trend, while the K-line is consolidating below the upper Bollinger Band at $1840.

- Four-hour Chart: Entering an ascending channel, with the bottom rising and the upper pressure level moving up. The EMA30 support level is at $1770, and the ascending trend line pressure level is focused on $1870; the MACD shows a top divergence with reduced volume accumulation, and DIF and DEA are expanding downwards at high levels; the Bollinger Band is consolidating at a high level, with the upper pressure level at $1825 and the lower support level at $1760.

In terms of trading strategy, it is recommended to prioritize safety, set appropriate stop-losses, and aim for small losses with large gains. For a northern entry point, try positions at $1780 - $1750, with a defensive level at $1720, a stop-loss of 30 points, and a target of $1820 - $1840; if broken upward, it could reach $1870.

For a southern entry point, try positions at $1800 - $1820, with a defensive level at $1850, a stop-loss of 30 points, and a target of $1800 - $1710; if broken downward, it could reach $1650.