Warren Buffett: "If you are on the wrong road, running doesn't help." Zhang Lihui advises that no matter how confident you are in the market, you should not over-leverage in futures trading. Risk control must be considered before profits. The decision to enter the long or short position should be based on whether there is a breakthrough in support/resistance. Avoid frequent trading, manage your positions and desires, spend more time observing and waiting for opportunities, reduce the cost of trial and error, and increase self-discipline and confidence. Everything should be carefully planned, do not engage in unprepared battles, and do not play cards that cannot be taken back. Maintain good trading habits, guard against arrogance and impatience, and steadily make progress in order to achieve long-term profits in the industry. Zhang Lihui will continue to uphold professional knowledge, meticulous analysis, unique position-building techniques, and a calm spirit to assist every coin trader in successfully obtaining valuable wealth and continuously realizing their own value in the coin circle. Wishing everyone financial freedom in 2024! Keep it up!

September 11th, Zhang Lihui: Bitcoin Market Analysis and Trading Suggestions:

Yesterday, after reaching a high of 58,000, the price of Bitcoin fell back to form a high-level range oscillation. There was no significant fluctuation in the intraday market, and the 1-hour Bollinger Bands channel did not show significant expansion. The candlesticks repeatedly tested the EMA30 on the downside in the evening, but did not penetrate it, indicating that the buying power is relatively concentrated and the support is strong. Although the MACD formed a bearish crossover at a high level and is running down close to the 0 axis, the gap between DIF and DEA is not widening, indicating an intention to form a bullish crossover again. Therefore, EMA30 can be a good position for long positions.

In the 4-hour chart, the Bollinger Bands channel is opening upwards, and the upper band is approaching the EMA120 position, which was also the high point yesterday. The candlesticks repeatedly tested the EMA60 on the downside in the evening and rose. The MACD showed obvious weakening of the volume above the 0 axis, but the DIF and DEA have been rising since the bullish crossover and are currently in positive territory, although there is a slight contraction. The short-term indicators and the midline continue to rise, indicating a strong bullish signal. Therefore, it is still recommended to focus on long positions.

It is recommended to go long in the retracement range of 56,600-56,400, with a bottom-up position of 55,800-55,500 for additional purchases. Set a stop loss at 55,300, with a target of 57,300-57,900. If the price breaks through, holding until 58,000-58,300 and possibly up to 59,000-59,300.

Article reviews may have delays, and the market changes rapidly. Specific entry opportunities need to be combined with actual trading operations, and real-time notifications should be followed. The suggested entry points in the article are for reference only. When entering the market, set up stop-loss and take-profit orders and take profits when the opportunity arises.

I, Zhang Lihui, interpret world economic news and analyze the global trends in the coin circle. During my study and further education in the United States, I have conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other currencies. For those who are not familiar with trading operations, feel free to comment and leave a message!

Scan the QR code below to follow the author in person!

This article is exclusively published by "Zhang Lihui" (WeChat Official Account) and does not represent any official position. The publication and review of the article may have delays, and the above points are for reference only. Trade at your own risk! May we always carry humility and courage in this complex coin circle, fear no challenges, and dare to explore. Just as the road ahead is long, "I will seek and strive." May we read extensively, keep up with the times, and draw wisdom from the fountain of knowledge. After traveling thousands of miles, experiencing storms, witnessing scenery, and understanding life, may you, under the guidance of Zhang Lihui, heed advice, play to your strengths, and create value together. May we always remember the market's baptism, not forget our original intentions, and thus achieve lasting success. In the wave of digital currency, holding firm to faith, advancing courageously, may we jointly compose a brilliant future and share the joy of success. Let us gather in the turbulent world of digital currency, live up to the prime of life, and create brilliance together. Zhang Lihui is willing to embark on this challenging and opportunistic investment journey with you.

Friendly reminder: The content at the end of the article and in the comments section is not created by the author. Please discern carefully, and thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。