Xu Xu Baby says coin 8.19 Evening Ethereum Trend Analysis

Observing the 4-hour chart, Ethereum is currently operating near the middle band of the Bollinger Bands, with the band gradually converging, indicating that the market is in a range consolidation phase. Although there has been a small bullish candlestick rebound recently, the trading volume is weak, making it difficult to form sustained upward momentum. The MACD red bars are shortening, showing clear signs of weakening momentum; the RSI indicator is approaching the lower level, with limited short-term recovery and significant upward pressure.

In terms of operational strategy, the probability of the market pulling back under pressure remains high. Aggressive traders may consider attempting to establish short positions in the 4380-4420 region, with stop-loss levels to watch above 4450, and looking towards the 4300-4240 range for targets, taking profits in batches as appropriate.

Overall, Ethereum has not yet shown a trend reversal signal, and the weak oscillating pattern remains unchanged. It is still advisable to focus on shorting during rebounds while controlling positions and being cautious of short-term washout fluctuations. Friends who do not understand the trend direction should pay close attention to the daily shared directional strategies by the teacher! #ETH #ETH走势分析 #ETH🔥🔥🔥🔥🔥🔥 #加密市场回调