ETH reached a new high this morning but the rebound was weak, which is a signal of a peak. Accompanied by the evening star, top divergence RSI oversold and many other signals, the next thing to watch is whether it can fall to 4200 to confirm the downtrend!

Ethereum (ETH) August 8 Afternoon Trend Analysis and Market Outlook
Short-term trend review and key signals intraday rise and fall: Today's ETH price quickly fell back after reaching a high of $3969 around 11:00.
A significant long upper shadow has formed, indicating heavy selling pressure in the $3920-$3940 range.
As of 16:00, the price is fluctuating around the integer level of 3900 USD, with the 1-hour MACD indicator showing a death cross (DIF crossing below DEA), and the histogram turning negative, indicating a weakening of short-term bullish momentum.
Insufficient volume coordination: The

The following are some judgments on personal analysis ideas and entry and exit points for ETH.
1. Trend Judgment: Short-term under pressure, medium to long-term bullish.
Short-term signals (1 hour + daily):
After the price broke through 3900, it encountered resistance at 3920-3940, with long upper shadows appearing on both the daily and 1-hour charts (high point of 3969), accompanied by a decrease in trading volume (for example, daily volume dropped to 190,000 on August 8), indicating significant selling pressure at high levels and a short-term need for a pullback.
Technical indicators are wea

This wave of the market has seen Ether standing out on its own, currently reaching a high point not seen in recent months. Regardless of whether it will break through 4100 or 4800 later, the logic behind the current pullback still holds. Around 8:30 AM, I mentioned in advance that there would be a wave of market activity between 11 AM and 12 PM. During the live stream that started at 11 o'clock, I immediately told everyone to go long at market price when it was just around 3900. A few minutes later, it began to pump, hitting a new high of 3968 in just three to five minutes, then pulled back to

SNX jerks off
Current price layout 0.62/0.525
Suggest spot
The contract is up to 10 dollars, 20 dollars, 50 dollars. The God of War strikes, if I lose, I won't feel heartbroken. If I earn, I will cover my expenses for the day.
Position Suggestion: Light Position
Break level 0.525 cannot be recovered, immediate stop loss.
Take profit 0.66/1+
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Profits and losses in the secondary market are your own responsibility.

GMX
Layout points 14.5/12.9-13.1
Suggest spot
It is not recommended to exceed 100 dollars for the contract; it's best to start with 30/50 dollars. If you lose, you won't feel too bad; if you earn, it's just a few boxes of gas money.
Take profit 15.5/17.3 + push protection
The stop-loss level of 12 cannot be recovered.
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Profits and losses in the secondary market are your own responsibility.

GMX
Layout points 14.5/12.9-13.1
Suggest spot
It is not recommended to exceed 100 dollars for the contract; it's best to start with 30/50 dollars. If you lose, you won't feel too bad; if you earn, it's just a few boxes of gas money.
Take profit 15.5/17.3 + push protection
The stop-loss level of 12 cannot be recovered.
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Profits and losses in the secondary market are your own responsibility.

Only by accepting calmly can we start anew. It's not that we can't accept losses, but rather that we can't accept mindless losses!
What is called mindless loss: it means having no position management at all, not knowing what a position is, having no staggered entry and exit operations, and never thinking about why this entry point is chosen!
In this case, do you think the order you placed can withstand the risk?
Because all of these can be covered by a single profit, you definitely have made more than one profit in the past half month or month, so just stay calm and do what you need to do!
Ove

According to official news, the publicly listed company Volcon Inc. (VLCN) has purchased an additional 316.8 Bitcoins for $37.3 million since its last disclosure on July 25. As of the announcement date, the company's total Bitcoin Holdings reached 3,500.18 coins, with a cumulative investment of approximately $412 million and an average purchase cost of $117,683 per coin.

All unfavourable information!! The Nasdaq-listed technology platform Bakkt announced the sale of its loyalty business for $11 million, pushing towards a transformation into a pure encryption infrastructure company, with the deal expected to be completed in the third quarter of 2025.
At the same time, Bakkt plans to publicly issue Class A shares and pre-funded warrants to raise funds for purchasing Bitcoin, supplementing working capital, and meeting the company's daily needs. The company's disclosed second-quarter encryption revenue is expected to be between $568 million and $569 million. The t

Today’s unfavourable information! At 16:13 Beijing time on July 28, Tether Treasury minted 1 billion USDT on the Tron network, with a total value of approximately 1.0013 billion USD.

At this point, it's not wrong to say it's a no-brainer buy low 😂 In the case of stock game, pulling down 50 points at most would be quite impressive 😁

Currently hovering around 3600, what does everyone think?