Foreign media: Trader DonAlt believes that the current solar-line movement in the Taifung is one of the clearest forms in the encryption market. The report mentions that ETH did not quickly reboot after breaking critical resistance, but instead moved to narrow consolidation, which suggests that the buyout remains active for the time being.

DonAlt says that the next direction of ETH may have a demonstration effect on the wider market for silos. Ethershops are usually located between mainstream encrypted assets and high-risk banknotes, and changes in their power and power tend to affect market risk preferences.

Half-month increase over 30%.

According to the article, DonAlt publicly announced on 13 August that he was starting to build an ETH warehouse, at a purchase price of approximately $1878. Since then, the total price of the hotel has increased by more than 30 per cent, with an absolute increase of approximately $600 before entering the current stage of consolidation.

He had also given a longer-term target position and thought that ETH had the opportunity to rise to the vicinity of $4000. The focus of the report, however, is not on long-term objectives, but rather on whether the short-line structure after the breakthrough remains intact.

$2,400 is critical support.

According to the graph quoted in the text, $2,400 is currently the main support for ETH. After breaking this position, the price went between $2454 and $2492. DonAlt sees this area as a zone of accumulation, which is used to digest the pre-growth.

  • Critical support position: $2,400
  • Current setup: US$ 2454 to US$ 2492
  • Mid-term resistance position: $2815.68

Above, US$ 2815.68 is considered a medium-term resistance position and a price area for the next phase of multiple tests. If ETH can continue to stand above $2,400, the market usually understands such consolidation as a continuation of a breakthrough rather than an end to the trend.

Fluctuations narrow in focus.

The article argues that, while there has been a recent decline in volatility, ETH can remain above the key support, suggesting that the buyout did not exit significantly. For traders, such post-breaker structures tend to receive more attention than surges and drops.

DonAlt's judgment is that whether ETH eventually chooses the direction up or down, the market rate of Yamaya will follow. It also allows the current relatively calm sorting of ETH to be seen by some market participants as a precursor to the next round of plate-linking.