11.4 Zhang Lihui: Ethereum Market Analysis and Trading Suggestions:

Yesterday, those who followed Lihui's strategy bought Ethereum below 2490. According to the article's suggestion, if you have already added positions in the 2400-2420 range, you can consider taking partial profits and reducing your holdings above the current position of 2670, ensuring the safety of your positions first. Additionally, with the upcoming major elections, it is not a bad idea to set up low buy orders, which can serve as a medium to long-term strategy.

In the 1-hour chart, we can see the Bollinger Bands opening up. After the price dipped below 2420 for the third time yesterday, it rebounded to the current MA30 position. The MA15 and the middle band are rising, and the MA60 above the K-line is also rising, approaching the MA80 position. In the MACD, there is an increase above the 0 axis, with the fast and slow lines forming a golden cross at a low level. Currently, if the price breaks through the resistance of MA60 and MA80, we can look towards the MA120 position.

In the 4-hour Bollinger Bands, the channel is narrowing, and the upper band has not yet effectively eased downward pressure. Fortunately, the lower band is rising, so the potential downside space may not exist. The current K-line is challenging the middle band and the MA15 range, while the upper side continues to consider the pressure from the MA30 and MA80 crossover. In the MACD, the volume continues to decrease below the 0 axis, and the fast and slow lines are once again converging. We need to pay attention to whether a golden cross can form; if it does, long positions will further open up, otherwise, we will continue to see a pullback.

At 6:05 AM Beijing time on November 4, the editor suggests buying in the 2420-2450 range with a stop loss at 2380; the target is set at 2510-2550-2580. If it breaks above the 2585-2605 range, you can hold until around 2650.

If the stop loss at 2380 is hit, you can continue to adjust down to 2350-2320 and open long positions again, with the same targets unchanged.

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 set stop-loss and take-profit orders when entering the market, and take profits when they are available!

I, Lihui, interpret global economic news and analyze major trends in the cryptocurrency market. During my studies in the U.S., I conducted in-depth research on cryptocurrencies such as BTC, ETH, LTC, DOT, EOS, BNB, and SOL. I welcome comments and messages from those who are unsure about trading!

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This article is exclusively published by (WeChat Official Account: Zhang Lihui) and is for reference only; the risk is borne by the reader. May we remain humble and brave in the complex cryptocurrency market, 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 trials, staying true to your original intentions. 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 on this investment journey filled with challenges and opportunities!

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