8.9 Ethereum Evening

The daily line has been rising for several consecutive days, forming a clear upward trend. After breaking through 4248, it fell back into a consolidation phase.

From a technical perspective: The hourly MACD histogram remains positive but the momentum is weakening, with the fast and slow lines converging, posing a risk of forming a death cross; the daily MACD maintains a golden cross, and the overall trend remains strong.

Ethereum: Long positions in the 3900-3930 range, target 4000, looking long-term at 4400, each should strictly maintain their defenses. $BTC $ETH $XRP