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Evening Technical Analysis on August 12:
After multiple upward movements near 4330 recently, the market has faced pressure and entered a high-level consolidation.
The current price is running around the 4290 position, and the overall upward momentum has not changed. Multiple pullbacks have also resulted in rebounds, maintaining a fluctuating upward rhythm in the trend.
It can be seen that continuing to maintain the strategy of pulling back and going long is sufficient.
Pull back to the 4270, 4220 area to go long, target 4500, if it breaks, continue to look at 4800, #ETH#