August 8 Ethereum (ETH) Contract Technical Analysis: Today, on the larger timeframe, the daily chart closed with a small bullish candle yesterday. The candlestick pattern shows a series of bullish candles followed by one bearish candle, with the price above the moving average. The additional indicators are showing a death cross with decreasing volume. The overall trend is clearly upward, but the current price is deviating from the moving average, so trading should be cautious of significant pullback risks. Additionally, there are news and data stimuli to consider; the short-term hourly chart shows oscillating upward movement, with the price continuing to break highs. The more this kind of movement occurs, the more we need to pay attention to the support levels during pullbacks, which is crucial. Many friends want to short, which is possible, but one must not be greedy; it should only be for the short term. If that cannot be achieved, then one should not trade. Currently, there is pressure, and the candlestick pattern shows consecutive bearish candles with the additional indicators indicating a downward death cross. Therefore, we also need to monitor for pullbacks within the day. Thus, today's short-term ETH contract trading strategy: short at the current price around 3905, stop loss at 3935, target at 3850; #ETH走势分析 $ETH