ETH Strategy for August 11th:
ETH technicals suggest an upward trend in the market. The bullish moving average alignment resonates with the bullish engulfing pattern, supporting a short-term upward price move. However, the extreme decline in trading volume and the overbought RSI signal create a significant divergence between volume and price, suggesting a lack of healthy support from gold prices. Market sentiment is nearing overheated territory, increasing the possibility of a correction.
Trading Recommendation: Enter short positions at 4330-4300, target 4200-4100, with a defense of 4350#比特币市值超越亚马逊 $ETH