8.18 Ether, Tuesday, afternoon
Continuing with the morning outlook unchanged, after surging in the morning to test the 1918 high, the price came under pressure and pulled back. Resistance above is clear, and the bulls lack follow-through after the surge.
Currently, the market is in a high-level consolidation phase. Do not blindly chase longs; focus on whether the resistance above can be effectively broken.
Trading strategy
Short in the 1915–1930 range on a rebound; if the pullback holds above 1895, continue to view it as range-bound consolidation. After a breakdown, look toward 1853–1868
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