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8.12 Tuesday midday ETH analysis🧐 ETH daily chart has three consecutive small bullish candles, breaking through the star line consolidation area, with lows gradually rising and highs continuously moving up, showing an overall strong oscillation. The short-term continues to be strong, currently testing the pressure of the middle band in the daily chart's wide range.
The four-hour level has successfully risen above the middle band of the Bollinger Bands and has broken through the upper band, showing a two consecutive bullish structure, with strong short-term momentum! First short then long, be careful to maintain defense!
Suggestion: Lay low for long positions around 4230-4200.
Looking at: 4300-4400