ETH 2025/8/15
1️⃣
1H Status:
Breaking below the middle band -> End of strong uptrend
2️⃣
Personal Reflection:
As mentioned in the previous article, the end of a strong uptrend can be determined by the breaking of the middle band of the Boll indicator. Currently, the middle band is not exerting strong pressure.
Thus, we can view this as a follow-up to range consolidation, waiting for the upper and lower bands to level out, and anticipate sideways fluctuations, with the boundary being around 4700-4450.