Good morning on Monday, $ETH . Over the past two weekend days, the market made two attempts to push into 1810 with ETH, and the results were still quite good. Today, the attempt to break 1800 was rejected, and we’re seeing consolidation and churning at the highs.
There is clear resistance overhead. For the short term, I’ll look for sideways movement around the highs—don’t rush to chase the price.
How might it move during the day?
Supply zone meets resistance: Price tested the SUPPLY near the 1800 round-number level on the upside, then printed a Sell signal. After that, the price began to pull back and adjust.
Support zone raised: Although there was a pullback, new DEMAN (demand zone) support has formed near 1770. Bulls and bears are currently starting to fight it out within this range.
What to do specifically?
Buy the dip: Wait for a pullback to the 1770–1775 area and only enter long after it stabilizes there. Place protection below 1765.
Take profits / fade rallies: If it rebounds again and faces resistance around 1795–1800, you can take a small short position. Set stop-loss above 1805.
The sell pressure near 1800 needs time to digest, and the current price is stuck in the middle—don’t blindly charge in. I’ll be in the chat room ready to guide everyone on the entry points at any time. Let’s handle it steadily!
There is clear resistance overhead. For the short term, I’ll look for sideways movement around the highs—don’t rush to chase the price.
How might it move during the day?
Supply zone meets resistance: Price tested the SUPPLY near the 1800 round-number level on the upside, then printed a Sell signal. After that, the price began to pull back and adjust.
Support zone raised: Although there was a pullback, new DEMAN (demand zone) support has formed near 1770. Bulls and bears are currently starting to fight it out within this range.
What to do specifically?
Buy the dip: Wait for a pullback to the 1770–1775 area and only enter long after it stabilizes there. Place protection below 1765.
Take profits / fade rallies: If it rebounds again and faces resistance around 1795–1800, you can take a small short position. Set stop-loss above 1805.
The sell pressure near 1800 needs time to digest, and the current price is stuck in the middle—don’t blindly charge in. I’ll be in the chat room ready to guide everyone on the entry points at any time. Let’s handle it steadily!