📉 ETH Strategy Update | August 26

Overall trend:

ETH has fallen from a high of 4957 to a low of 4331, currently fluctuating around 4378, which is a weak consolidation after a rebound.

The lower Bollinger Band has been breached, and while there are signs of an oversold condition in the short term, it has not yet stabilized.

MACD has crossed downwards, and bearish momentum remains dominant.

There are continuous 'sell' signals, indicating that short-term pressure remains significant.

🔑 Key Support and Resistance Levels

Support below: 4330-4300 range

Resistance above: 4480-4500 (near EMA30)

📌 Operational Strategy (for reference only)

Aggressive short position: Place a sell order in the 4485-4500 range, with a stop loss at 4600 and take profit targeting 4400-4300-4200.

Cautious long position: If it stabilizes at 4330, a light long position may be attempted, with a stop loss below 4300.

⚠️ Position Recommendations

Contract position should be controlled within 5% (100x leverage)

±10 points fluctuation is effective

Do not increase position arbitrarily, use stop loss, and strictly enforce risk control.