ETH Strategy for 8/8:
Currently, the ETH market is in a range-bound oscillation pattern. Technically, although the moving average system shows a bullish arrangement accompanied by a golden cross, indicating an increase in market momentum, the shrinking trading volume and overbought signals have created a divergence between price and volume, suggesting that the upward momentum may be insufficient. Additionally, the engulfing pattern serves as a bullish reversal signal, indicating the possibility of the price attempting to break through the resistance level at 3968, but caution is needed regarding the risk of a pullback.
ETH Operational Suggestion: 3910±10🈳, target at your discretion, with strict defense. For reference only, specifics are subject to the market!
