During the downtrend, we can see that the trading volume has not continued to expand, which indicates that the bearish strength may have exhausted its momentum after gradually being released. After the price reached 4587, a certain degree of rebound occurred, and the K-line pattern shows signs of a gradually rising bottom, indicating that the bulls are beginning to attempt to regain market control.
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8.27 Afternoon Ether Market Analysis
During the downtrend, we can see that the trading volume has not continued to expand, which indicates that the bearish strength may have exhausted its momentum after gradually being released. After the price reached 4587, a certain degree of rebound occurred, and the K-line pattern shows signs of a gradually rising bottom, indicating that the bulls are beginning to attempt to regain market control.
Buy near 4590-4540, target 4670-4760