8.13 Morning Thought Sharing:
ETH has risen to around 4600, during which there has been almost no significant pullback, clearly reflecting the strong bullish sentiment in the market. From a technical perspective, both the 4-hour and daily charts are showing an increasing volume trend, and the short-term bullish trend is still continuing. Caution is needed when shorting, and in the morning, the preference is to continue looking bullish after a pullback.
Trading Suggestions:
It is recommended to buy in batches as the price pulls back to the 4550-4600 range, with the initial target set at 4700-4800. If there is a strong breakout, you can reduce your position and continue to look upward; maintain a stop-loss around 4500.
