The Etherjöft remained around $2450 on August 26th, largely holding up the main increase after last week's surge. Before, ETH rose to a seven-day high near $2546, but it stopped at $2550, and the market went into a narrow process.

In terms of movement, ETH started on 20 August with approximately $2251, which rose one day above $2545, with a phase increase of about 13 per cent. The cumulative increase to the upper end of the week was close to 34 per cent, calculated from the previous consolidation of approximately $1900. Current prices fluctuated mainly between $2,400 and $2,500, indicating that many of them did not withdraw completely, but that the move was slower than in previous days.

2550.

4 On the hour chart, ETH enters a slight downlink after rapid lifting, which the market sees as a potential for flag-up. The market will again test the range of $2546 to $2550 if the price-effective station follows the corridor, i.e. the 2510 to 2530 United States dollars area.

This position is important not only because it corresponds to the top, but also because it overlaps with the settlement-intensive areas of the derivatives market. If ETH enters an upward range of $2530 to $2560, some empty silos may have to be levelled, thus further widening the purchase.

The kinetic energy is starting to cool.

At the dayline level, the overall trend for ETH remains strong, but some indicators indicate that the pace of the upswing has been slow. The dayline RSI rises to 75.59, which is already above the usual over-purchase line, which indicates that the purchase of a plate was more hurried before, and that it was easier to digest the increase after that.

4 The MCD on the hour chart also shows a decrease in short-line kinetic energy, the column chart has been reversed, and ADX is still at a high level, but has fallen back from a recent high. This means that the first round is going up stronger, but the current momentum is declining.

2300 dollars is the key support below.

CoinGlass’s one-week settlement heat is trying to show that ETH has accumulated more leverage positions on both sides of the current price. The most obvious settlement belt above is in the vicinity of $2550, and below it is concentrated in the 2,300 to $2330 area.

If ETH falls by $2,400 and further falls below the four-hour flag range of $2330 to $2360, the price may be close to $2300, at which point the multiple silos will face greater liquidation pressure. The lower level of liquidity is around 2200, 2000 and $1900.

Overall, the ETH short-line border is clear: $2550 above is the resistance to multiple breakthroughs, and $2330 below is the key to sustaining the current structure. Prior to the break-up of the two zones, the market rate remained dominated by shocks.