August 19th Evening ETH Market Analysis

Currently, ETH is generally consolidating at a low level. The market shows that bearish forces are still dominating the market, and the market continues its weak downward trend. The Bollinger Bands also maintain their downward trend.

With the price moving lower, bullish momentum is clearly insufficient in the short term. Overall, the recommended strategy for tonight's trading is to focus on rebound shorting.

Big Cousin Strategy Reference: Invest in a short position near 4380. $ETH #币圈