On August 19, 2024, the market of Ethereum is like a "market offensive and defensive war". At the weekly level, it is still rooted in the "short camp" and occupies the position like a "warrior".

At the daily level, Ethereum is like playing a "football game". What we need to pay attention to now is whether it can hold the "defensive position" of 2644.35. If it successfully stands at this position today, we can "attack" and enter the long position with confidence, aiming at 2803, and the next step is 3034, just like Ethereum in the arena, going straight to the "goal" of victory!

However, if it accidentally falls below the "bottom line" of 2608.45, then you have to be careful, the market may turn to "short entry" and start to fluctuate, just like the team suddenly fell into the "defensive counterattack" mode. At that time, we have to put away the offensive mind, change to defense, and wait for the next opportunity to attack.

Therefore, the key today is to see whether Ethereum can hold the position of 2644.35 like an excellent "goalkeeper". If it holds, we can attack with it; if it doesn't, then take a step back and prepare for the market shock! #美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期 $ETH $ETH