8.24 Ethereum Silk Road

Weekend liquidity contraction + yesterday's surge and retreat, Ethereum enters a high-level box struggle. Don’t rush to look for a reversal; this is just the bulls 'pressing the brakes' to digest profit-taking, and the fluctuations instead provide short-term opportunities.

The Bollinger Bands are opening upwards, and the price is 'taking a break' near the upper band—three bands are rising in sync, and the trend is intact; unless there’s a significant drop below the middle band, all are considered bullish continuations.

Ethereum: Long in the 4700-4730 range, target 4850, if broken, look for 5000, each should strictly maintain their defense. $BTC $ETH $XRP #ETH创历史新高 #杰克逊霍尔会议 #BNB创新高