$ETH 8.20 Wednesday Evening Auntie's Analysis
The moving averages are arranged in a fan pattern, creating a strong resistance zone. In the MACD indicator, although the red bars have expanded, the DIF remains at a low level, indicating insufficient rebound momentum. The 4060 line below serves as a key support level recently; if this position is lost, the price may accelerate downwards.
Personal suggestion, for reference only (strictly set defense)
Auntie 4230-4260 range fan, target 4150, 4060