ETH August 16th 9 PM Strategy:

1. Short Selling: a. 4533~~4368 short position entry zone, protective level: 4533 or cost loss

Remember to open a short position only after a 4-hour bearish candlestick, otherwise, wait and see with a bullish candlestick.

b. Break below 4368, reduce half of the position at 4164 to lock in profits, and move the protection level down to the cost price or 4368.

2. Going long: a. Build long positions above 4360 with a protective level at: 4360

Remember to open long positions only when the 4-hour candlestick is bullish; wait and see during bearish candlesticks.

b. Lock in profits near the 4533 area, move the protective stop to the cost price.