$ETH
【ETH August 11th Morning Sentiment Analysis|Bullish Sentiment Reigns】
☀️Latest Price: As of 7:30 AM today, the current price of ETH is approximately $4,253, with an intraday fluctuation range between $4,171 and $4,315, and limited short-term adjustment, overall still leaning strong.
Technical Structure Highlights:
• ETH has clearly stabilized above the $4,200 mark, forming strong support;
• EMA20/50/100 are all below the price, the upper Bollinger Band has been tested multiple times, indicating sustained upward momentum;
• RSI is neutral to high, and MACD maintains positive momentum, the technical aspect continues a strong trend.
Market Capital Flow:
• Reports yesterday indicated that the institution FundamentalGlobal, which holds multiple Ethereum vaults, announced plans to purchase $5 billion worth of ETH, signaling extreme bullishness;
• The funding atmosphere is very positive, with strong ETF inflows, and bullish sentiment in the market continues to rise.
Macroeconomic Support Factors:
• Expectations for Federal Reserve interest rate cuts are rising, providing an emotional accelerator for risk assets;
• Multiple technical and policy favorable continuations support ETH in building a medium to long-term upward structure.
Advanced Operational Suggestions (Text Only, Strongly Advocating Bullish Strategy)
• Aggressive: If ETH breaks out with volume while holding above $4,200, it is recommended to enter with a light position and aim for $4,300–$4,400;
• Conservative: It is advisable to confirm stable support in the $4,150–$4,200 range before positioning;
• Medium-term Investors: Consider building positions in batches in the $4,100–$4,150 range, targeting $4,500 or the upward channel target price.
📱 Shouting loudly in the name of TradeyAI: “The ETH bullish rhythm will not stop, aiming above $4,500, don’t miss out, wait until next year!🚀