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Event ends: August 9, 16:00 UTC
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Since there was clearly an opportunity for Ether to liquidate downwards last night, but the situation of whether it should be cleared or not occurred, it seems that there is still a chance to continue milking!
There is a downward trend line on the small scale. If it can break through today, then ETH still has the ability to reach a new high again, with a target near 4040.
However, from a long-term perspective, there isn't much short fuel left above the current ETH market, and after the final liquidation of this wave, it may fall back into the previous long-term range oscillation...
After all, there is still quite a lot of long liquidity for profit at a distance below. Their gradual profit-taking is providing supply to the market every moment. Although the trend has inertia, the consecutive two small-level new highs have already consumed a lot of demand... #Alpha 积分系统上线# #以太坊十周年# #ETF实物申购赎回# #BTC# #ETH#