Evening ETH Analysis on August 27

From the hourly Bollinger Bands, the distance between the bands continues to narrow, forming a 'contraction' pattern, with the overall slope maintaining an upward trend. The middle band has also slightly moved down, indicating that the short-term trend still leans towards a strong consolidation, with support gradually rising along with the trend.

Currently in an adjustment phase, combining analysis of both large and small cycles, the overall structure presents a bearish outlook. Therefore, the trading strategy remains primarily focused on shorting at highs.

Big Brother's advice: It is recommended to set up short positions around 4660. #币圈 $ETH