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PICASO
ETH price today is trading around 1,770 - 1,780 USD, slightly up about 1-1.5% in the past 24 hours.
The short-term trend is sideways in the 1,700-1,800 range, after a sharp decline since the beginning of the year. The market is somewhat hesitant, showing signs of accumulation but no clear breakout yet.
Nearest resistance: 1,800 - 1,810 (a key level many are watching).
If surpassed, it could test 1,840-1,900.
Important support: 1,740 - 1,750, followed by 1,700 and a stronger zone at 1,650-1,600.
If it breaks below 1,700, the risk of a deeper decline is quite high.
Overall, it is still in a major correction phase from last year's peak.
Today, it is slightly recovering following BTC's momentum.
This is information, not investment advice.
$ETH #CoinMoveAlert
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