Evening Analysis of Ethereum on 7.8: From the 4-hour chart, the Bollinger Bands are narrowing, and we are currently in a fluctuation repair phase.
The appearance of a bullish candlestick shows weakness, MACD momentum is weakening, and RSI is approaching the oversold zone. Aggressive traders may consider shorting at the current price.
Current price of Ethereum is around 2580, with targets near 2500-2450.