Ethereum (ETH) Market Analysis on August 10 Afternoon:

Ethereum showed strong performance during the day, soaring upwards while also driving Bitcoin to rise in tandem.

From the 4-hour perspective, after the price received effective support at the middle track, a large bullish candle broke through the upper track resistance directly, and is currently slightly retreating to the area between the middle and upper tracks. Overall, it presents a strong bullish pattern, and there is no need to overly fear heights or speculate on the top; the core strategy for the day is to primarily look for low entries on pullbacks.

Trading suggestion: Ethereum can be traded in the range of 4150-4100, order number $ETH #币圈