Ethereum also did not have much volatility during the day, and the price basically remained around 1800 with a fluctuation of 10 points or less throughout the day. In the 4-hour chart, the rising Yang K-line engulfs the Yin K-line. The short-term structure shows slight signs of stabilizing, but whether it can rise further depends on the recovery of the platform resistance around 1850. Short-term operations are stuck in the range and are oscillating. It has initially stabilized slightly around 1750. As for whether it can break through, it will determine the upside space. If it does not break, it will continue to maintain the contraction range and oscillate, switch back and forth between long and short, and respond flexibly to ultra-short-term stuck points based on the hourly chart pattern. For specific locations, please refer to:
Short around 1820, target 1770, break to see 1730