8.26 Evening ETH Analysis：

From the current market perspective, after experiencing two consecutive bearish candles, the four-hour chart sees a rebound for the bulls. However, although the KDJ indicator's three lines have formed a crossover in the short term, the MACD indicator's two lines continue to extend downwards with no signs of turning, and the Bollinger Bands are in a downward opening state, with the middle band also continuing to move downwards, indicating that the overall trend remains bearish.

Looking at the one-hour chart, the market is alternating between small bearish and bullish candles below the middle band of the Bollinger Bands, with the overall structure still within a downward channel. This suggests that after a certain period of consolidation, the price is likely to continue to probe lower. The subsequent strategy remains focused on short positions.

Big Brother's trading advice: Maintain good defenses and consider positioning short orders near 4530. #币圈 $ETH