8.24 ETH $ETH Analysis and Strategy
Weekend range-bound market conditions continue. Market movement is limited during the day, 🉑👀 during the U.S. session in the evening, if a sell-off occurs, exit promptly and short with the trend, but the probability should be low. Strong resistance is at 3000, while short-term support is at 2350.
Trading suggestion: Buy the lows within the range (range-bound market conditions continue, and the long-position trend remains intact)
Trading range: Around 2355–2400 (range-bound movement, low-level range)
Stop-loss defense: 2335 (historical low at 2355; if it breaks below and the bearish trend continues, the bullish outlook is invalid)
Take-profit levels
1️⃣ Take profit: Around 2460 (aim for steady profit)
2️⃣ Take profit: 2500 (can 👀 if the first take-profit level is broken)
#eth

BTC’s daily chart shows a clearly strong overall bullish trend, with the price breaking above the long-term consolidation range to reach a new high. The upward-opening Bollinger Bands and ample bullish momentum from the MACD above the zero axis are core reasons for a medium- to long-term bullish outlook. However, the daily KDJ is currently severely overbought, while the 4-hour MACD has formed a death cross and short-term momentum is weakening. The market has entered a phase of short-term sideways consolidation and correction while the trend remains unchanged, with no risk of a deep decline. Pullbacks are opportunities to buy low and go long; strictly avoid chasing highs.
🉑Go long around 77000, add at 76400, with targets at 78400 and 80000
ETH🉑Go long around 2440, add at 2410, with targets at 2500 and 2580
#BTC三天大涨20% $BTC ‌$ETH ‌