8.13 Early Morning ETH Market Analysis

The market has attempted multiple upward breakthroughs, but has left behind many upper shadows, indicating that the current rebound appears more like a temporary effort from the bulls rather than a signal of a trend reversal. Such rebounds actually create more favorable entry opportunities for the bears, effectively accumulating energy for a stronger downward breakthrough later on. To put it simply, it is laying the groundwork for shorting.

For today's midnight trading strategy, those willing to take risks may consider opening light short positions; while those seeking stability should wait for clearer signals before trading in the direction of the breakout. Considering the current market conditions, I personally still lean towards focusing on shorting at high levels.

Big Brother's Trading Suggestion: You can short around 4500. #币圈 $ETH