10.18 Zhang Lihui: The bottom of the Ethereum box has not been broken, is there a possibility of another surge? Today's entry opportunity for Ethereum (ETH) is for reference!

CN
15 hours ago

10.18 Zhang Lihui: Ethereum Market Analysis and Trading Suggestions:

First of all, it should be noted that yesterday's Bitcoin layout is still valid; at the request of fans, it has been a while since I updated an article on Ethereum. We can see that after Bitcoin surged, it did experience a slight pullback, but the space is not very large, and the speed is also very slow, indicating that support is gradually rising. Ethereum has compressed its range to the extreme, and after the data was released last night, there was no significant fluctuation. The K-line has once again retreated after hitting the upper band of the 1-hour chart, and the current K-line is dipping below the lower band, with continued volume below the zero axis. The fast and slow lines are forming an opening, so we can pay attention to whether the MA120 and EMA120 positions can hold.

In the 4-hour chart, the Bollinger Bands are opening, indicating that today's space may be opened up. There is support in the EMA30 and MA30 range below the K-line, and this position can be considered for a short-term long position, as it is currently at the bottom of the box range, and there is still a space of several tens of points to the top, which can be tried with a light position. There is no need to rush regarding Ethereum's fluctuations; I believe the market will soon provide results. Regarding the main force's bullish stance and the situation in the Middle East, everyone will also have a correct judgment. I hope everyone can respond to fluctuations more rationally. Regardless of the outcome, please strictly manage stop losses, safety first!

In summary, Lihui suggests that the trading strategy should focus on low long positions within the box range. For short positions, it is currently recommended to be more conservative. We can pay attention to whether Bitcoin can create new highs in the next two days!

Lihui suggests going long in the 2555-2585 range; stop loss at 2530, with targets at 2615-2630-2660; if it breaks 2670 and the previous high, it can continue to hold above 2700.

There may be delays in article review and push notifications; the market changes rapidly, and specific entry opportunities must be combined with real-time operations. The suggested points in the article are for reference only; do not operate with heavy positions. Please manage your take profit and stop loss when entering, and take profits when available!

I, Lihui, interpret world economic news and analyze global cryptocurrency trends. During my studies in the U.S., I conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other cryptocurrencies. For those who are not familiar with trading, feel free to leave comments!

Scan the QR code below to follow me for more real-time cryptocurrency trading information daily!

This article is exclusively published by (WeChat Official Account: Zhang Lihui) and is for reference only; risk is borne by the reader. May we remain humble and brave in the complex cryptocurrency world, unafraid of challenges, and willing to explore. As the saying goes, "The road ahead is long and has no ending; yet high and low I'll search with my will unbending." I hope we keep pace with the times, absorb wisdom, travel thousands of miles, weather storms, and gain insights into life.

May you, under Lihui's guidance, leverage your strengths and avoid weaknesses, create value, and remember the market's baptism, staying true to your original intention. In the wave of digital currency, may we hold onto our beliefs, forge ahead, and jointly compose a brilliant future, sharing the joy of success. Let us work hand in hand to create brilliance in this investment journey full of challenges and opportunities!

Warm reminder: The above content is solely created by the author on the official account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

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