8.13 Afternoon Thoughts


The hourly Bollinger Bands are parallel and trending upwards, with a gentle slope, indicating a weak consolidation in the short term but an overall strong trend. This means that short-term market volatility is gradually increasing, and the battle between bulls and bears may intensify. The current price is gradually approaching the middle band and has not effectively broken below it; in the short term, the middle band may provide temporary support to the price.
Personal suggestion
Concubine: 4610-4590 more
Target 4650-4690
Defend at 30 points, break above 4690 to look at 4720
ETH-2.03%
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