8.20 Ethereum Midday Thought Analysis:

From the daily technical indicators, both the KDJ and MACD technical indicators are in an upward oscillation phase, the BOLL technical indicators continue to open upwards, the middle track continues to rise, and the three-day MA moving averages are arranged in a bullish pattern. The price is steadily stabilizing above the five-day moving average,

which fully proves that there is a certain scope for bulls, and it is wise to enter long positions on pullbacks,

Pulling back to around 4140 and 4100 for long positions, targeting 4400 for a breakout looking at 4800.