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Friday, August 5th, Zhongling Ether Silk Dew Rebound and Accumulation
In the one-hour downward channel, the bearish momentum has significantly weakened. The decline has stabilized around 2278, the lower Bollinger Band is flattening, and the KDJ is showing a low-level golden cross pattern, indicating an increased short-term rebound and correction demand. In terms of trading, go long in the 2260-2270 range for Ether, with an intraday target of 2370!