8.25 Ethereum (ETH) Market Analysis Reference

Ethereum's overall rebound strength is stronger than the market, with an intraday increase of over 200 points, once again reaching a historical high, currently touching around 4956 at a high position. After being pressured and pulling back during the early hours of the day, support has moved up to the 4700 position, and the current price is hovering around the 4800 level. In the future market, focus on the 4850 resistance area. If there is a rebound break today, the increase is expected to continue further.

From the short-term hourly chart, after the pressure pullback, the trend is fluctuating near the five-day moving average. Both bulls and bears are currently in a stalemate, and the short-term trend is in a consolidation pullback, so until a breakout occurs, the strategy should be to maintain high shorts and low longs. Pay attention to the 4850 resistance area above and the 4700-4650 support area below.

8.25 Ethereum Short-term Reference:

Attempt a light short at 4850-4900, stop loss at 30 points, target below 4800.

Attempt a long position at 4650-4601, stop loss at 30 points, target above 4720.

There may be a delay in sending this article, and the strategy suggestions are for reference only. The market changes rapidly, so regardless of how confident you are in market judgment, always ensure to take profits and set stop losses, keeping your gains secure #ETH创历史新高 #杰克逊霍尔会议 #BNB创新高 #以太坊生态山寨币普涨 #BTC