#特朗普罢免美联储理事库克

8.26 Morning Market Overview: $ETH ETH Double M Top, Indeed Hardly Lasting More Than Three Seconds

After reaching a new high, ETH quickly pulled back near 4827, forming multiple tops and accelerating the downward adjustment speed of ETH. Indeed, like a chicken, ETH is hardly strong for more than three seconds. At least it created new highs for two consecutive days, giving a bit of morale; otherwise, it would have been blasted away.

Currently, I personally find it a bit difficult to understand the ETH trend, so I will wait for opportunities and observe the market movements more; I will wait for it to stabilize above 4456 before catching opportunities; for now, ETH is just in a narrow range and sideways, with no volume for upward movement; looking at MACD, there are signs of a golden cross, but I am also a bit hesitant to chase long positions, waiting for a breakthrough to focus on right-side breakout trades or short positions on right-side breakdowns.

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