Evening of August 26th Ethereum Silk Road

Short Term: The bearish trend continues without pause, and the price has reached a major support level. The hourly and shorter timeframes may show a 'bottoming' sideways movement in the next two days.

12H: 105k is the mid-term lifeline, it’s advisable to maintain positions and repeatedly buy low and sell high; if the entity breaks below, exit on the rebound, and then move down to buy low.

Ethereum: Long in the range of 4400-4430, target 4500, break then look at 4600, each should maintain good defense.

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