Analysis of ETH Market on August 22nd

The current market is still dominated by bears. From the one-hour perspective, the market continues to maintain a strong downward trend. Although the decline has slowed, there are no obvious signs of a bottom forming in the overall trend.

Based on previous movement patterns, bears often experience small upward retracements during the ongoing decline, while the bulls' rebounds tend to accumulate energy for the bears, further pushing the market down again.

Big Brother's strategy suggests that the overall downward trend remains unchanged at midnight, and still favors the continuation of bears. The operational suggestion is to set short positions around 4300. #币圈 $ETH