10.26 Zhang Lihui: The bullish energy for Ethereum is still insufficient, and the daily death cross may need to pull back further? Where are the entry opportunities today? Latest (ETH) market analysis

CN
2 days ago

10.26 Zhang Lihui: Ethereum Market Analysis and Trading Suggestions:

Another victorious week, you can check the recent articles where the predicted points have a very high win rate! Yesterday, the fluctuations of Bitcoin were indeed spectacular, like a roller coaster; Lihui's morning layout of long positions between 67200-67600 was precisely established, but the predicted rise only reached the first target of 68500; after failing to break through 69000, a significant pullback occurred in the evening, and the movements of the U.S. government really caught people off guard! Fortunately, Ethereum's afternoon spike entry at 2581 allowed for a precise capture above 2550, perfectly utilizing all the fluctuation space;

Last night, after a second spike below 2460, Ethereum's market rebounded again; the current coin price is approaching the middle track of the 1-hour chart, and the three tracks of the Bollinger Bands continue to move downward. It can be seen that the upper track has already crossed below EMA120, approaching EMA80, indicating that the high points are being suppressed again. The MACD is shrinking below the 0 axis, and the fast and slow lines are converging, so we continue to pay attention to whether a golden cross can form;

The 4-hour Bollinger Bands also continue to move downward, with EMA30 overlapping the upper track and approaching EMA120, which aligns well with the 1-hour high point. It seems that there is considerable pressure here, and the MACD continues to expand below the 0 axis, with the fast and slow lines not successfully converging, forming a divergence again;

On the daily level, the Bollinger Bands are opening, with the middle track moving downward. The K-line is being blocked by multiple moving averages at EMA60, EMA15, and EMA10 during the day. The MACD is forming below the 0 axis, and a death cross has already formed above the 0 axis. In the coming days, it may slowly touch the 0 axis position; the MA15 and MA5 are also points of resistance, and MA30 is moving downward, approaching MA80.

In summary, from these indicators, Lihui sees that the bulls are not very optimistic, and the bears have not yet finished; therefore, the suggestion for Ethereum is still to consider entering short positions at high levels. Given the significant news, long positions should be entered after a spike down. However, as we approach the weekend, the market is expected to enter a period of consolidation again, and the fluctuations may not be too large, but we cannot rule out the possibility of major players flowing into ETFs again; we should aim for high short and low long operations, with proper stop-loss management being key!

It is recommended to go long in the 2450-2420 range, reserving the 2350-2300 range for additional positions; set a stop-loss of 30 points, with targets looking at 2520-2550;

For short positions, consider entering in the 2540-2580 range near yesterday's high, with targets looking at 2505-2460. If it breaks below the 2450-2420 range, you can continue to hold until around the 2350 position. Specific entry opportunities can be combined with real-time market changes;

There may be delays in article review and push notifications, and the market changes rapidly. Specific entry opportunities must be combined with real-time operations, with real-time notifications as the standard. The suggested points in the article are for reference only; do not operate with heavy positions. Please ensure to set take-profit and stop-loss levels when entering, and take profits when favorable!

I, Lihui, interpret global economic news and analyze the major trends in the cryptocurrency world. During my studies in the U.S., I have 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 the author!

This article is exclusively published by (WeChat Official Account: Zhang Lihui) for reference only, and the risk is borne by the reader. May we remain humble and brave in the complex cryptocurrency world, unafraid of challenges and willing to explore. Just as "the road 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 together 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, 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。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink