$ETH 2025/8/16

1️⃣1H Status：

Break below the expected range consolidation ——> Downward structure

2️⃣Personal feelings：

Yesterday mentioned that the price broke below the mid-line, ending the strong uptrend, and an expectation of a downward box was made.

But the drop has reached the lower boundary, and it hasn't stopped, entering a downward structure. So currently, I personally do not recommend casually going long on rebounds; the mid-line is suppressing the price, and the downward target may be at 4330 or even 4160.

If you want to go long, I personally suggest waiting for the price to break through the mid-line again, and then retest without breaking the mid-line before going long.