8.26 Ethereum Evening Analysis: Looking at the 4-hour chart, the Bollinger Bands are narrowing, and we are currently in a consolidation phase.
The appearance of a bullish candle indicates weakness, MACD momentum is decreasing, and RSI is approaching the oversold zone; aggressive traders can short at the current price.
Ethereum Suggestion: Short at the 4650-4600 level, with a stop at 4700 and targets around 4500-4400-4300 $ETH