Empty talk and paper talk are things that everyone can do. There are not so many "ifs". If there are any afterwords, there's no need to regret the missed opportunities! From now on, you must take this market seriously! Li Hui will continue to uphold professional knowledge, meticulous analysis, unique position-building techniques, and the spirit of staying calm in the face of danger to assist every coin trader in successfully obtaining valuable wealth and continuously realizing their own value in the coin circle!
First of all, it is regrettable that Bitcoin did not have the expected breakthrough last night. It was a normal stop-loss situation when the support level broke at 63200, but it is worth celebrating that the long position layout for Ethereum at 3230 and 3290 yesterday morning hit the profit target twice as expected! Ethereum is still strong! So, after the breakthrough at 63200 this morning, Ethereum also experienced a sharp decline. Those who follow me know that I opened a short position at 3285. The market moved too fast, and I didn't have time to update the article. I successfully broke through 3250-3220 and once again hit the profit target below 3200, turning the small stop-loss from Bitcoin last night into a large profit from the short position. All in all, the key is to build a position at the crucial support level, set a good stop-loss, and as long as there is a breakthrough, go with the trend, and it's very easy to achieve profit!
4.29 Ethereum market analysis and operational suggestions:
After the coin price of Ethereum broke through the 3310-3330 range and surged to 3360 yesterday, it quickly formed a pullback, catching people off guard. The current 4-hour Ethereum coin price has plunged to 3170 and then formed a small rebound. The KDJ has crossed downwards strongly at a high level in the early morning, and the MACD has started to increase below the 0 axis, with the DIF also crossing below the DEA from above, continuing to form a dead cross state! The current candle is running under the pressure of the EMA30 (3200) indicator, with the EMA10 and EMA15 also turning downwards, indicating a strong bearish trend overall.
Looking at the daily chart, the candle has retraced to above the EMA15 and EMA10 after touching the EMA80 moving average line below, with only the EMA30 and EMA60 lines as resistance above. Compared to the big cake, the indicator data is still strong, so a breakthrough is not impossible. For intraday operations, we can focus on the support and resistance levels to place orders! You can go short if the resistance is not broken, and go long if the support at the bottom is not broken!
It is recommended to focus on going short if the upper range of 3225-3255 is not broken, with a take-profit at 3190-3175; stop-loss at 3260. If the lower range is broken, continue to hold until the 3160-3130 range; for long positions, consider entering the market at the support level of 3055-3025, with a take-profit of over 100 points; stop-loss at 3005.
There may be delays in article review, and the market changes rapidly. For more real-time orders, please follow my public account to obtain them. When entering the market, please strictly set your take-profit and stop-loss, and take profits when the opportunity arises!
I, Li Hui, interpret world economic news, analyze the global trend of the coin circle, and have conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other currencies during my study in the United States. For those who do not know how to operate, you are welcome to leave comments!
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This article is exclusively published by (WeChat public account: Zhang Li Hui) and does not represent any official position. The publication and review of the article have a time delay. The above points are for reference only, and the risk is at your own discretion! May we always carry humility and courage in this complex coin circle, fear no challenges, and dare to explore. Just as the road is long, "the road ahead is long and far-reaching, I will seek and explore." May we read thousands of books, keep pace with the times, and draw wisdom. After traveling thousands of miles, experiencing wind and rain, witnessing the scenery, and understanding life. May you, under the guidance of Li Hui, identify strengths and weaknesses, and create value together. May we always remember the baptism of the market, not forget our original intentions, and thus achieve continuity. In the wave of digital currency, holding firm to our beliefs, forging ahead with determination alongside Li Hui. May we jointly compose the future in this turbulent world of digital currency, live up to the best years, and create brilliance together. Li Hui is willing to embark on this challenging and opportunistic investment journey with you.
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