8.26 Morning Ethereum:
The daily chart of Ethereum has formed a "door shape", which is clearly the result of massive selling.
Although there was a brief support around 4350 in the short term, this can only be seen as a rebound after an oversell. This morning, attention needs to be paid to the strength of the rebound and signs of stabilization.
Short positions near 4450~4485, with a target focus on 4300
