8.11 Ethereum (ETH) market analysis reference

Ethereum has recently maintained a bullish trend, with consecutive daily gains. The price rebound is stronger than before, currently touching the upper Bollinger Band near 4350, facing slight pressure. After a pullback yesterday, the rise has exceeded 200 points. The market continues to break upward, so Mr. Coin recommends going long in the intraday trend, and it is not advisable to enter short positions for the time being.
On the short-term hourly chart, each moving average shows an upward attack posture; however, the price has encountered resistance multiple times above the 4330 level, which has slowed the upward momentum. Currently, it is under slight consolidation at the resistance level, but the upward trend has not changed. Furthermore, the KDJ indicator in the chart shows a divergence upwards, and the MACD presents a golden cross maintaining an upward trend. Therefore, if the 4350 resistance level is broken, the upward movement is expected to continue. For short-term support, pay attention to the 4160 level below.
8.11 Ethereum short-term reference:
It is recommended to wait and see for short positions.
Buy in the range of 4200-4151, with a stop loss of 30 points and a target above 4300.
There is a delay in sending the article. The strategy suggestions are for reference only. Market conditions change rapidly, and no matter how confident one is in market judgment, it is essential to have stop-loss and take-profit measures in place to secure profits. #以太坊交易量飙升 #比特币市场分析 #GT 2025第二季度销毁 #BTC #ETH