According to the latest market data, ETH is showing a certain level of fluctuation in its 1-hour chart. Although the J value in the KDJ indicator is close to the overbought area after rebounding from the low, the MACD indicator is showing positive signals, with the fast and slow lines forming a golden cross pattern above the zero axis, while the green momentum bars are continuously decreasing in volume. These signs indicate that long positions are gradually accumulating.



Meanwhile, the short positions seem to be weakening, providing further room for the long positions to gain momentum. Based on the current market situation, investors may consider adopting a low-position building strategy.

The specific operational suggestion is to gradually build long positions in the range of 4180-4240 USD. If the market continues to improve, it may subsequently test the range of 4420-4550 USD.

It is important to note that the cryptocurrency market is subject to significant fluctuations. Investors should fully assess the risks before making any decisions and develop appropriate trading strategies based on their risk tolerance and investment goals. At the same time, it is also crucial to continuously monitor market dynamics and changes in various technical indicators.
ETH11.58%
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GmGnSleepervip
· 08-22 08:54
The luck is full, bullish traders hurry to enter the market.
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PseudoIntellectualvip
· 08-20 20:45
Let a short positions bus run you over directly.
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InscriptionGrillervip
· 08-20 20:44
The old suckers have set the Order Book like this; only a fool would wait to buy the dip at 4180!
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GasDevourervip
· 08-20 20:34
Get in the market quickly with this trend.
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