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Analysis and Trading Guide for ETH Market on August 23
From the daily technical perspective, ETH shows a series of positive signals. The KDJ indicator and the MACD indicator are both oscillating upward in sync, indicating strong bullish momentum in the market. The BOLL channel continues to open upward, with the middle track steadily rising, suggesting that the market is in a strong upward trend. At the same time, the three-day MA is in a bullish arrangement, with prices firmly above the five-day line, and various signs indicate that the bullish strength currently holds an advantage.
Based on this market trend, it is a wise choice to go long.
Personal trading advice: ETH can be bought around 4680 - 4720, with the initial target set at 4830. If it successfully breaks through 4830, then the next target is 4900.