ETH Strategy for 8/12:
Looking at the daily chart, the technical indicators show a bullish trend, with the moving average system displaying a bullish arrangement, and a bullish engulfing pattern has recently formed. However, the trading volume is extremely low and the RSI is in the overbought region, indicating that market sentiment is rather heated. The existence of a divergence between volume and price suggests that the upward movement lacks strong support, and the risk of a short-term pullback cannot be ignored.
ETH Trading Suggestions: 4280±10🈳, target at your discretion, with strict defense. For reference only, please refer to the specific conditions on the market!
