Do you remember the operation that Ethereum gave everyone? Short below 1820 or around 1840. If you shorted around 1820, you are now making a profit of more than two points. After consolidating for a day, it made a significant drop tonight. It has currently broken below 1780, the central point of this range, and needs to retest downwards.

Pay attention to the lower range of the Ethereum box at 1740-1750. You can rebound near 1750 as it was yesterday, with a stop loss at 1740 or 1720. The short position will have its final take profit point when Ethereum stands above 1780 again, and at least ensure the existing basic profit when trading. A trend change is about to happen. Whether it’s a must-drop during meetings or Ethereum’s upgrade, it could potentially break the current box structure for Ethereum, so be sure to have a stop loss in place.