8.15 Evening Analysis of Market Conditions

Regarding the current market situation, when trading Ethereum, it is essential to have proper protection; it is better not to make a profit than to do so without protection.

The intraday rebound resistance is seen in the range of 4670-4700.

If the four-hour closing price stays above this range, then the subsequent short-term resistance is expected to be around 4800-4880.

If the evening rebound does not break the 4670-4700 range,

the market will still be viewed as a potential pullback.#币圈

For the evening, the support area is expected to be around 4450-4520, and one might consider a small long position nearby; if this level is broken during the night, then the subsequent support will continue to be looked at in the range of 4380-4230.#区块链