ETH strategy for 8/12:



From the daily chart, the technical indicators show a bullish trend, with the moving average system in a bullish arrangement, and a bullish engulfing pattern formed recently. However, the trading volume has drastically decreased and the RSI is in the overbought region, indicating that market sentiment is overheated. The divergence between volume and price suggests that the upward movement lacks strong support, and the risk of a short-term correction cannot be ignored.

ETH Operation Suggestion: 4280±10🈳, target at your discretion, strict defense. For reference only, subject to the stone plate!
ETH-2.43%
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