August 18 Ethereum (ETH) Contract Technical Analysis: Today, in terms of the larger cycle, the daily level yesterday closed with a small bullish candle, the K-line pattern shows consecutive bearish candles with one bullish candle, the price is below the moving average, and the auxiliary indicators show a dead cross with the fast and slow lines closely intertwined, indicating that the overall trend is clearly downward. Even if there is a bullish candle over the weekend, it is easy to see from the trend that the main focus is still on correction, with little price fluctuation, so it does not affect the trend; In the short cycle hourly chart, there was a drop in the morning, a correction at noon, and then a secondary pressure drop breaking the low. The current K-line pattern shows consecutive bearish candles, and the auxiliary indicators are running with a dead cross. The probability of a direct continuation of the decline in the European session is relatively low, and it is highly probable that there will be a pullback correction followed by a decline. Therefore, today's ETH short-term contract trading strategy: short on a pullback to the 4285 area, with a stop loss at the 4320 area, and aiming for the 4205 area; #ETH走势分析 $ETH
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