Morning Strategy for Second Futures on 8.24
Ethereum began to rebound from a low of 4725, reaching a high of 4764; however, due to the dual impact of reduced market liquidity over the weekend and yesterday's peak followed by a pullback, it has currently entered a high-level box range. The competition between bulls and bears has intensified, resulting in a tug-of-war consolidation, with a lack of breakthrough direction in the short term.
Fang Xiang suggests focusing on buying on dips in the morning.
It is recommended to buy around 4740, with a target near 490.