August 24th Ether intraday analysis



Ether surged violently on Friday, breaking through its previous high to reach an all-time high, hitting a fake breakout position at 1.13! It has started to make a pullback, but it hasn't effectively retraced to the key levels. During the live stream, I mentioned that 4635 is a key support level, but the market makers won't give anyone a chance to enter! You can only jump in at the market price! Ether has also risen from 4700 back to around 4800!

It is not recommended for anyone to short Ether, absolutely do not short! Absolutely do not short! You must not short! Once it continues to break through 5000, it's not a dream, 6000 is also possible! If you get trapped, you will perfectly miss the entire bull market! And you will lose money in a bull market!

Resistance on Ether is 4850-5000, with support at 4635-4500. If there is an opportunity, try to go long on Ether, and it will reach a historical high next! Continuing to create new highs! #ETH#
ETH-1.32%
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