#ETH# 8.17 Evening Analysis


In the 1-hour K-line of ETH, the current price continues to decline, the moving averages are showing a bearish downward divergence, the MACD green bars are expanding, and the trading volume has not decreased, indicating that the bears are dominant, and a short-term continuation of the downtrend is possible.
Suggestion; short near 4560, looking at 4520~4480
ETH-1.18%
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