$ETH is indeed building strength, with the price consolidating on low volume around 1900 before touching 1920 today and then pulling back. The positive side is that ETH is more resilient than $BTC, with ETF net inflows of $30.9 million on the 17th, indicating that funds have not clearly withdrawn. Next, watch whether 1920 can hold, followed by the resistance at 1940. Clearing both levels would give 2000 a chance; until it holds, $ETH remains range-bound. 🚀

August 19 Jinman Gold Morning Analysis: Don’t blindly chase shorts after the sharp drop; wait for a bottoming signal and seize the rebound opportunity! Gold saw a sharp decline overnight, with prices coming under pressure and retreating all the way from the period high of 4449.84, reaching a low near 4310.94. The current quote is 4333.86, consolidating in the lower range. This correction has been relatively strong, with short-term bearish momentum released in concentrated fashion. U.S. Treasury yields continued to surge, significantly raising the holding cost of non-yielding gold and continuing to divert funds toward the bond market, putting pressure on gold prices. A large amount of profit accumulated during the previous consecutive rally was realized and exited in a concentrated manner, while concentrated selling pressure from longs further amplified the scale of this decline. On the 4-hour chart, prices have repeatedly closed lower and moved down, retreating to near the previous low support area. Short-cycle bearish momentum has been released fairly sufficiently, and the market has a technical need for a rebound and recovery. In terms of operations, wait for prices to stabilize after retesting the 4310-4330 range before establishing long positions, with rebound targets successively at 4350 and 4370. #黄金 #Gate7天净流入全球Top3 $BTC $ETH

Last night, the market reached around 64000, then bullish momentum pushed it up to around 65000. After midnight, it oscillated lower to around 645000. On the daily chart, the bearish trend has turned bullish, showing a positive candle. On the four-hour chart, bullish volume is declining as the market moves upward in a wedge pattern, while the hourly curve is trending upward. The strategy is simply to enter long positions at lower levels. Wednesday morning: Go long around 64600-64300, targeting around 65300-65800. Go long around 1910-1890, targeting around 1935-1965. #Gate事件积分系统上线 #宇树科技上市能否冲击2000亿 #Gate首发上线茅台等10只A股