ETH Strategy for 8/6:
ETH is currently in a sideways state, market momentum has noticeably weakened, and trading volume has drastically decreased, indicating a lack of market activity. The emergence of a dark cloud cover pattern on the technical chart, combined with volume-price divergence signals, further strengthens the risk of a potential market correction. Additionally, the entanglement of moving averages shows that the trend direction is unclear, suggesting that the market may maintain a volatile pattern in the short term.
ETH Trading Suggestion: Direction 🈳, target at your discretion, strict defense advised. For reference only, please refer to the actual market conditions!
