$ETH ETH is currently trading at around $1,734, up 1.8% over the last 24 hours, showing a mild short-term rebound.
On the technical side, there's a divergence between bulls and bears: the 1-hour indicators have entered the overbought zone, indicating potential pullback pressure in the short term; however, the 4-hour bullish structure remains intact. Key support levels are around $1,700-1,715, with resistance near $1,750. Given the current market dynamics, we may see short-term oscillations for price correction.
On the technical side, there's a divergence between bulls and bears: the 1-hour indicators have entered the overbought zone, indicating potential pullback pressure in the short term; however, the 4-hour bullish structure remains intact. Key support levels are around $1,700-1,715, with resistance near $1,750. Given the current market dynamics, we may see short-term oscillations for price correction.