💥Ethereum's "fake fall" leads to a comeback, how should investors seize the rebound opportunity? 🔥

The darkness in the crypto world is always short-lived; after the darkest moments, dawn is just around the corner! 🌅 I am the guardian of the crypto world, leading my fans towards financial freedom!

The current price of Ethereum is 1830. At three o'clock in the morning, the market experienced fluctuations, dipping to a low of 1780 before quickly rebounding. I originally planned to enter around 1770, but the market only dropped to 1780 and then rose again, a typical "boiling frog" market, leaving one feeling like they wasted their efforts.

From a technical perspective, the daily candlestick fluctuations are within 50 points, making it difficult for retail investors to participate. The EMA trend is contracting, and the MACD indicator's diminishing divergence suggests that the market may continue to consolidate. The upper Bollinger Band is at 1940, and the lower band is at 1740, so the focus should be on watching in the short term.

Short-term reference: the current market risk is relatively high, and aggressive short-term trading is not recommended; safety comes first, maintain stop losses, and avoid excessive losses.

Upside target: 1800 to 1840; if broken, look at 1870.

Downside target: 1790 to 1760; if broken, look at 1740.

In conclusion, the market is still in a consolidation phase, and investors are advised to operate cautiously and wait for better entry opportunities.