From a daily level perspective, Ethereum is still in a downward channel overall. However, it has repeatedly retraced its previous low of around 1750 in recent times, but has not been able to effectively fall below it. Instead, it will experience a bottoming out and rebound, indicating that the 1750 line has a certain supporting effect, and its MACD has deviated. Obviously, there are signs of bottoming out in the market. If it can hold at 1750 in the short term, it will continue to break through the 2000 level. Therefore, near 1750, it is possible to buy the bottom spot and rebound ETH Ethereum