ETH also saw a relatively narrow range over the weekend, generally maintaining sideways movement within a tight range! On the daily chart, ETH is consolidating sideways after retreating from elevated levels, with the price below the middle Bollinger Band. Overall bullish momentum is fading, and the broader trend is relatively weak. On the 4-hour chart, the Bollinger Bands continue to narrow, with the market consolidating within a tight range and the forces of bulls and bears relatively balanced. Multiple rebound attempts have tested the resistance above but failed to break through, with limited rebound strength and a lack of upward momentum in the short term. On the 1-hour chart, the market is moving sideways within a range, with clear overhead resistance, and is mainly following Bitcoin's movements. Trading strategy: Approach it with a range-bound, slightly bearish bias. Short ETH around 1890-1920, targeting 1850-1760 If support holds around 1850, a small-scale short-term rebound can be considered; once 1850 is lost, a new round of decline will begin. #GateLaunchpool瓜分141万枚DOS $ETH ‌

8.16 Xingran Evening BTC and ETH Market Analysis BTC began pulling back after consolidating at high levels, with highs gradually moving lower, indicating a short-term pullback trend. Short-term approach: Favor shorting rebounds at highs Resistance: 63080‑63140 Support: 62850, followed by 62700; a break below could lead to further downside Entry: Short on a rebound to 63080‑63140 Stop-loss: 63290 Targets: 62880 → 62720 ETH remains range-bound, with successive highs lacking upward momentum; overall, the consolidation is weak, and we are waiting for a directional breakout. Short-term approach: Favor shorting rebounds at highs Resistance: 1884‑1886 Support: 1874, followed by 1868; a break below would open up further downside Entry: Short on a rebound to 1884‑1886 Stop-loss: 1893 Targets: 1875 → 1869$BTC $ETH

Tong Ge's 8.16 ETH outlook $ETH Enter short around 1885-1900, stop-loss at 1920, first target 1850, second target 1820. ETH is grinding sideways along with BTC, with the price consistently held below 1900 and rebounds starting to lose steam around 1885. This consolidation may look like it cannot fall further, but in reality it is more like a brief breather in a weak market, waiting for the leader to choose a direction. The trend has not reversed; continue to stay bearish with the trend.