After the violent rise of Ethereum, the low position shorts are nearly exhausted. There is a high probability of consolidation between 4700-4900 over the weekend. However, the shorts quickly piled up positions above 5000, which instead provides new "fuel" for the bulls.

Over the weekend, the short-term momentum is insufficient combined with profit-taking, making it difficult for the market to continue to rise. Next week, the short positions at 5000 are ready, and the probability of a breakout is increasing. The operating suggestion is to lay out long positions when it dips to 4630-4660, with targets at 4800, 4900, and 5000. $ETH $BTC #ETH创历史新高 #杰克逊霍尔会议