8.17 Weekend Market Overview: ETH short order profits 84 points

Yesterday, wait for ETH to break 4454 on the right side before falling back to execute a short order in line with the trend, targeting 4372 with a minimum spike to 4370, profiting 84 points before exiting.
In the descending wedge channel of ETH, it takes time to readjust after a few days of rally before another rise; on the left side, short positions are set at 4503, with a defense at 4561, targeting 4430, 4417, and 4377; alternatively, wait for a breakout above the trend line and resistance resonance at 4454 before a drop to short in the direction of the trend, defending at 4503, targeting near 4397 and 4373; for low long positions, set at 4373, defending the previous low of 4365, targeting 4417 and 4454.
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