August 26 ETH Market Update

Currently at $ETH , it’s like a stubborn climber; although slipping at the feet (intraday pullback), the crucial 4-hour safety rope (trend support) is still firmly tied, and the overall upward climbing posture remains unchanged. However, looking at the hourly chart, this 'stamina indicator' (MACD), although the golden cross indicates a potential surge, it’s panting (momentum is weak), probably can only make a small leap or two (minor rebound), and how high it jumps depends on the subsequent 'explosive power' (volume).

Practical advice for you all:

For those looking to buy the dip safely, wait until the price truly stabilizes at the 4462 step (Fibonacci 0.236 level) and hear the 'thud' of footsteps (volume signal) before taking action. Right now, the market is like a tug-of-war, with both bulls and bears straining against each other; we need to keep an eye on trading volume as the 'cheerleaders' and the sentiment in the external market to judge the outcome.

Risk Alert:

If it breaks below the lifeline (trend support), be careful of a 'slide-style' drop (deep pullback), and keep a close watch on the sponge pad around 4360-4330.

As for the specific direction, pay attention to the key to the block, and we will remind you in the group with hands-on guidance, like fastening a seatbelt for you all! #比特币远古巨鲸持续出清