Today (July 11), the ETH quote: $1,790
Ethereum’s recent price action is undergoing a crucial adjustment.
Compared with BTC’s strong performance, ETH’s prior upward momentum has been relatively weaker. However, judging by the current candlestick structure, the price has reached an important support zone, and bulls and bears are now fighting for control around the $1,790 level.
The market’s top concern right now is:
Is ETH completing a base-building rebound here, or continuing to search for support lower down?
Based on a combined analysis across three timeframes—daily, four-hour, and hourly—ETH’s short-term move has already shown signs of a possible bottoming and stabilization. The price needs a rebound and repair, but resistance overhead remains clearly evident.
I. Daily timeframe analysis: a bottom is gradually forming, rebound demand is strengthening
Based on the K-line走势, ETH’s daily timeframe is currently in a rebound-and-repair phase after consolidation.
After the prior price dropped from the highs, the market released part of the sell pressure; currently, price is consolidating in the 1700-1800 USD area.
1820 USD
1、Moving average system
1750-1720 USD
📈 Go long on ETH current price
At present, ETH’s short-cycle moving averages are still under pressure, but the downward speed of the moving averages has clearly slowed.
The MACD bearish bars are continuously shortening, indicating that sell-side momentum is gradually fading.
If there is a breakout with increasing volume later on, the daily timeframe may form a rebound trend.
3、RSI indicator
RSI is currently in the neutral zone, with no clear overbought conditions.
After the market’s adjustment, there is still room for further upside repair.
Daily key levels:
Resistance above:
1820-1850 USD
If ETH breaks above 1850 USD and holds, there will be an opportunity to challenge the 1900-1950 USD range.
Support below:
Can the 1820 USD resistance be broken?
This is the key defensive zone for current long positions.
Once it breaks below 1720 USD, the short-term trend may weaken again.
II. Four-hour timeframe analysis: range-bound energy building; the bulls are probing resistance
From the 4-hour K-line, ETH is currently building a range-bound consolidation structure.
Price is trading around 1790 USD, with long and short funds continually exchanging positions.
There are three signals on the current order book:
First, the lows are gradually stabilizing, and there hasn’t been a sustained breakdown.
Second, every pullback toward 1750 is met by incoming funds.
Third, trading volume is starting to recover slowly; the market is waiting for a breakout direction.
Four-hour key zones:
2、MACD indicator
A rebound signal appears within the hour.
After breaking through here, the short-term rebound room will open up further.
Support levels:
The price starts to trade sideways around the moving averages, indicating that the strength of the bears is weakening and the market has entered a new phase of balance.
As long as price stays above 1750 USD, the short-term rebound structure remains valid.
III. One-hour timeframe analysis: the short-term rebound structure is forming
Resistance levels:
Based on the K-line走势:
Price repeatedly tests the 1770-1790 USD range; the down move has not continued to expand, suggesting that short-term buy orders are starting to step in.
In terms of indicators:
MACD at low levels gradually forms a golden cross;
The KDJ indicator is moving upward;
Short-cycle moving averages start to turn.
These signals indicate that short-term funds are trying to push the price to rebound.
However, pay attention to:
1790 USD is only the rebound starting point; resistance still exists above at 1820-1850 USD.
If the breakout fails, the price may continue to trade sideways.
Focus on the hourly:
Support:
1770 USD
Resistance:
1820 USD
ETH today’s market outlook summary
ETH is currently at a very critical position.
From a technical structure perspective:
The daily timeframe is building a base;
Four-hour range consolidation is building up energy;
From the hourly cycle, ETH is showing clear signs of stabilizing.
In the short term, the bulls are trying to regain initiative.
But trading isn’t about guessing the direction—it’s about waiting for price to provide confirmation.
Truly mature traders won’t fear missing the move when prices rise, nor will they panic and cut losses when prices fall.
They only trade setups that make logical sense.
Today’s key focus for ETH:
Whether the 1750 USD support is valid
and
1820 USD
ETH today’s real-time trading strategy
Current price:
1790 USD
Combining the daily repair structure, the four-hour base-building pattern, and the hourly rebound signal, my personal view is:
In terms of technical indicators:
Open position:
1790 USD
Stop-loss:
1763 USD
First take-profit:
1808 USD
Second take-profit:
1826 USD
Trading logic:
ETH is currently in a low-level range-bound zone; after the bears release pressure, signs of stabilization appear.
This trade mainly bets on the validity of support around 1790 USD, with targets pointing to the 1820 USD resistance area.
If it breaks below 1763 USD, it means the current rebound structure has failed and the stop-loss must be executed strictly.
The market will never reward impulsive trading; it only rewards planned execution.
ETH’s core focus today:
Will 1790 USD become the launch point for the next rebound?