August 25 Ether intraday analysis

Ether reminded everyone during the daytime live broadcast that if it couldn't hold above 4800, it would directly go down! During the evening live broadcast, it also emphasized the resistance level at 4670; if it couldn't break through, it would continue to fall. Unexpectedly, following Bitcoin, it kept dropping and broke all of our support levels! Moreover, the daily chart formed a very clear top model, so the upcoming trend for Ether doesn't look good!

Currently, there is a rebound during the day; it depends on whether it can rebound to a relatively good position and stabilize to have a chance to move upwards. Otherwise, it will start to collapse the Ether trend again in the evening! The resistance level to pay attention to is 4550, where the upward trend line changes.

Resistance levels above Ether are 4550-4635-4700, while support levels below are 4290-4220-4150-4075. If the 4290 level cannot hold, the consequences are unimaginable; it may drop to even lower levels, possibly reaching 3900! #ETH#