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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Evening Thoughts on 8.11
The current market is in a consolidation phase, with short-term moving averages flattening out. Prices are fluctuating back and forth within a range, with no clear direction of rise or fall for the time being.
The MACD indicator is fluctuating slightly near the zero axis, and the momentum bars are also narrowing, indicating that both bulls and bears are being quite cautious, and there is no clear winner in the competition for the time being.
The next key points to watch are two levels: if it can hold above 122000, the rebound momentum may continue; if it falls below the support at 120000, it might need to test whether the previous support level below can hold.
For reference only
Big pie: Look around 120200-120850, check around 122550
Ethereum: Look near 4044-4115, see around 4385 #BTC重返12万# #预测 BTC 多空走势# #晒出我的Alpha积分# #ETH突破4300# #稳定币流通量破2700亿美元#