8.25 Afternoon ETC Market Analysis and Trading Suggestions
The current ETC market shows a typical characteristic of low-volume sideways trading, with market trading sentiment being sluggish: there is a significant lack of buying interest, and prices can only rely on existing support to maintain narrow fluctuations, with overall trading activity noticeably declining compared to the previous period. In the past few hours, the market has mainly consolidated around the 4700 level, with K-lines alternating between small bearish and small bullish patterns, currently in a low-level consolidation phase after a sharp decline, and short-term directional signals have yet to become clear.
Trading Suggestions
• It is recommended to set up short positions in the 4730-4760 range, targeting a drop to around 4660. $ETH