【ETHJPY】From band walk to adjustment

In the post dated August 12 titled "The Downward Trend of the ETHJPY Pair Continues to Absorb Lower Levels," it was noted that along the negative 2σ of the Bollinger Bands, the strong downtrend to push lower remains unchanged, and the price appears likely to continue the band walk for a while. In fact, the price continued to form bearish candles through August 14, briefly breaking into the 27,000 yen range. However, it then formed a lower wick and rebounded, and is now moving above the minus 1σ. From here, it will be important to see whether it can move toward the middle line or fall back below the minus 1σ again.