Ethereum has been in a volatile market for the past few days. The pullback mentioned last night could not drop below 1750. Ethereum has once again risen above 1820, and if it falls below 1820 tonight, it will likely revisit support below, repeatedly washing out short-term profit-taking. The key resistance level on the daily chart is around 1860; only by breaking through this level does Ethereum have a chance to return to 2000. The Pectra upgrade for Ethereum is also gradually approaching, and my suggestion at this node is still to buy low. The space for shorts is really limited.
Enter a short position below 1820 or around 1840, with a stop loss at 1860; the potential isn’t too large, with target levels at 1750 and near 1770.
Buy near the support level around 1750, with a stop loss below 1720.