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#ETH 8.26 Afternoon ETH Strategy Analysis and Operation Suggestions
Last night, ETH suddenly dropped to around 4330, and this morning continued to fall to 4310 before stopping the decline and rebounding. However, it encountered resistance and fell back after reaching 4450. Currently, the short-term rebound strength is continuously weakening, and the lows are constantly moving down.
Regardless of the influence from institutional operations or technical analysis, the current ETH trend is weak, and it is highly likely to continue a downward trend, with an overall bearish outlook.
Operation suggestions;
Mainly consider shorting, referring to two resistance levels: 4450 and 4500. When the price reaches these two levels, consider entering a short position.
The target price is divided into three steps: first look at 4250, then look at 4150, and finally look at 4000. #加密市场回调 #Gate广场七夕心意 #特朗普罢免美联储理事库克 #上市公司融资扩大加密储备