$ETH 🎙️【ETH August 20th at 21:00｜TradeyAI Multidimensional Quick Review】

Real-time Quote: Currently, ETH is priced at $4181.67, with a daily high of $4322.62 and a low of $4072.70, still in the lower half of the 4000 to 4350 range, primarily oscillating after a high-level retracement.

Technical + Derivatives: Short-term downward momentum has been released, and RSI is trending towards neutral but low; funding rates are moderately positive, and long/short leverage is balanced (Major exchanges like Binance and Bybit maintain slight positive values). This indicates that the long position is not crowded, and direction still depends on volume confirmation.
Position Structure: The total open interest in Ethereum futures remains high, with no significant divergence between price and open interest; if there is a volume increase, it is likely to create further upward momentum.
On-chain Supply: The balance of ETH on exchanges has dropped to a multi-year low (approximately 18.8M ETH), with marginal selling pressure limited, making the mid-term supply side favorable for prices.
Macroeconomic Variables: The market is becoming cautious ahead of the Federal Reserve's speech and meeting minutes, with the rhythm potentially influenced by emotional fluctuations, making volume a key trigger.

Key Levels: Watch 4250, 4300, and 4323 (daily high) above; watch 4120, 4073, and 4000 (whole numbers + daily low) below. Hold above 4073, and the range structure holds; effectively breaking above 4300 with increased volume indicates short-term strength.

Pragmatic and most likely successful execution plan

* Confirm and follow the trend: Only participate after a volume return to the 4250 to 4300 range and stabilize for 15 to 30 minutes; if it falls below 4220 with heavy pressure, reduce and retry the position.

* Support holding: Near 4090 to 4120, look for reduced volume stop-loss and long lower shadow rebound to test in batches; retreat immediately if falling below 4073 to avoid chain stop-losses.

* Weak market observation: If volume continues to weaken and the K-line repeatedly stays below 4200, prioritize staying out and waiting for the next day's signal to avoid noise trading in the range.

In a nutshell: The structure has not broken, but the direction must be proven by trading volume—first ensure a high win rate, then discuss expansion. For the rhythm of indicators and an actionable checklist for "90 seconds sooner or later," follow TradeyAI to eliminate noise with data.