August 9 Ethereum (ETH) Contract Technical Analysis: In today's aspect, the large cycle daily level closed with a small bullish candle yesterday, the candlestick pattern shows consecutive bullish movements, the price is above the moving averages, and the auxiliary indicators are showing a golden cross. The upward trend is very clear and strong, with the price experiencing consecutive highs without any signs of a pullback, so short positions are not advisable as it may lead to losses; in the short cycle hourly chart, the price corrected to the low point around 4000 in the morning, and after support, it continued to rise with the current candlestick pattern being consecutive bullish. The price is at a high level and deviated from the moving averages, with the auxiliary indicators showing a golden cross; the moving average support position for a pullback is around the 4100 area, so there is no rush to trade during the day. Focus on the pullback support at the 4100 area, and observe the strength and weakness of the European session before making real-time layouts; #ETH走势分析 $ETH