Looking back at yesterday's operations, there were two swing trades executed near 4300, and it's very easy to give back profits in this market if held for too long. Considering a pullback, it's best to take profits when available.
Yesterday, the US stock market opened flat, dipped, and then rebounded again, reflecting the resilience of the market. After several waves of decline, market confidence fell to a low point, and many people were saying things like breaking below 4000, with all sorts of rumors circulating. The market will only shake off those who are not resolute!
From the daily chart perspective, Ethereum will consolidate with a few small candlesticks, and after stabilizing again, it will gradually rise. September is a critical month; many altcoins have not yet started. A rate cut will provide the market with an opportunity for a strong rally. Pay attention to Cheng Ge and wait for the arrival of the bull market!
