Ethereum experienced a slight rebound in the afternoon, with a consecutive bullish pattern driving prices upward gradually. Analyzing the daily closing performance, the current price is showing a fluctuating consolidation pattern in the mid-range area, and although there is momentum revealing an upward rebound towards the mid-range, the sustainability of this rebound should be viewed with caution.
The current market has not formed a one-sided trend and remains in a corrective cycle overall, with the short-term rebound slightly exceeding previous expectations. In terms of operational strategy, it is recommended to continue with the layout of short positions based on yesterday's time cycle node, with a focus on shorting opportunities around 4250, aiming initially towards 4100.
As for Bitcoin, the analysis approach from the morning remains unchanged. #杰克逊霍尔会议