ETH Strategy on August 18:
Currently, the ETH price is operating near a key support level. The technical analysis shows that although the support level has strong rebound potential, the shrinking trading volume and the RSI being in an overbought state indicate insufficient market momentum in the short term, posing a risk of a pullback. Moreover, the resistance from the upper Bollinger Band further restricts the upward space of the price.
Operational Suggestions:
4370±10🈳, target to be determined by yourself, strict defense.
For reference only, please refer to the actual market conditions!
