August 21 Ethereum (ETH) Contract Technical Analysis: Today, on the larger time frame, the daily chart closed with a small bullish candle yesterday, with the candlestick pattern showing consecutive bearish candles followed by one bullish candle. The price is below the moving averages, and the auxiliary indicators are showing a death cross, indicating that the overall trend is still significantly bearish. Similarly, yesterday's rebound pattern reflects a decline and recovery in the intraday and European sessions, and the price rebound is under pressure after reaching the moving average resistance. From this perspective, the rebound represents a corrective behavior. In the short term, the hourly chart showed a support rebound during yesterday's US session, but today it is under pressure and falling. Currently, the candlestick pattern shows consecutive bearish candles, and the auxiliary indicators indicate a death cross pointing downwards. Therefore, we need to pay attention to the strength and breakout situation of the intraday and European session declines. Hence, today's ETH short-term contract trading strategy: sell on rebound in the 4300 area, stop loss at 4335 area, target looking at 4245 area with a breakout target at 4205 area; #ETH走势分析 $ETH