Ethereum market is full of mystery? In-depth analysis on August 26, why does Ethereum no longer simply follow Bitcoin? What are the mysteries behind the stabilization of volatility? Can it break through the 3,000 mark?

The Ethereum market is quietly transforming and is no longer the shadow of Bitcoin. Its market volatility has stabilized. Although it hit a high of 2,820 last week, it has obviously followed the decline but not the rise. The daily K-line showed tenacious resilience. After the sideways repair, it tried to jump to 2,750 at the second level, but the road to the third level jump to 3,000 this week seemed to be full of thorns. Technically, the EMA trend has changed subtly, the KDJ has been blocked, and the Bollinger Bands have shrunk, indicating that a U-turn is not easy. However, MACD has increased its volume and raised funds, and the bullish power still exists. It may be a good strategy to arrange long orders when stepping back. In the short term, the 4-hour K-line has a semi-breakthrough of the top of the rising flag type. Risks and opportunities coexist. It is necessary to take a stop loss and be cautious. All indicators have shrunk to the extreme, and the market is facing the test of the closing of the monthly line. Low-multiple ideas dominate the operation.

Ethereum's market is confusing, but there is still hope for bulls to finish their unfinished business. What do you think?