8.25 Morning ETH Analysis
ETH rose sharply and then fell back, significantly adjusting after reaching 4957.67, stabilizing around 4720.
On the hourly chart, the price is near the lower boundary, showing a weak short-term bias; however, the support at 4667 is effective, and the MACD green bars are narrowing, releasing potential rebound signals.
Long positions between 4700 - 4730, with a target of 4780 - 4820.
Engage in support areas for the second round, follow the trend for long positions, and seize the recovery market!
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