August 11 ETH Brief Analysis
ETH stabilized around 1,877 in the afternoon. Technically, the three Alligator lines are converging around 1,877–1,878, with the price moving close to them, leaving the long-short balance temporarily neutral.
Resistance above lies at 1,880 and the 1,900 level, while support below is at 1,867 and 1,860. The short-term direction is unclear.
A volume-backed break below 1,867 could lead to a second bottom test; otherwise, ETH needs to reclaim 1,885 to resume its uptrend.
Personal suggestion: Short around 1,900–1,930, targeting 1,820–1,780
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