Axun:

The ETH price fell from the intraday 1946 high to confirm strong sell pressure and profit-taking. It found short-term support around 1920, but failed to hold, and continued to drop to around 1870. This is also a level we mentioned yesterday. It is the complete position of the medium-term long structure, and it is currently testing this area.

Ultra-short/critical support: 1870. Clearly, this is an important level in the complete medium-term long structure. If it holds and stabilizes, it means the long structure hasn’t broken—you can view it as a strong buy zone for the afternoon/evening session. If there is an effective breakdown with volume, it indicates the short-term trend weakening, and then further downside to 1845.

Short-term support: 1860. A further pullback level—after 1870 is lost, this area provides temporary support.

Daily support: 1810-1840. The prior 4-hour top-bottom transition plus the daily moving-average zone and the channel area.

Short-term resistance: 1920. Moving-average support turns into resistance; the first resistance on any rebound.

Key resistance: 1935. The short-term resistance and the first resistance from the prior high pullback, which also turns into pressure.

Strong resistance: 1945-1955. The overbought extension area and strong sell-pressure zone.

Weekly/psychological resistance: 1970-1990. The upper edge of the weekly channel, and also a major psychological level at the 2000 round number. A high-entry opportunity zone $ETH ‌@#USDT充值理财双重奏