11.26 Zhang Lihui: Ethereum Market Analysis and Trading Suggestions:

After waiting for so long, Ethereum has finally taken a dominant low position. From the market performance in the past few days, when Bitcoin moves slightly, Ethereum appears very active, including the main players actively selling Bitcoin to invest in the Ethereum market. This is probably the best scenario, as many people would feel disappointed if the second-largest cryptocurrency doesn't rise! From last night's Ethereum market performance, the K-line had two attempts to break the high point of July 22, forming a pullback, but the decline was not as unexpected as Bitcoin's, and the previous low point was not reached before a quick rebound. Most people probably felt like they were being taken advantage of! The short positions that Lihui set up yesterday successfully added positions above 3500, and the pullback allowed for safe reduction and exit, so the entry point for adding positions is particularly important! Of course, learning to cut losses is even more important!

In the 1-hour chart, the Bollinger Bands are severely constricted, and the K-line is testing the EMA15 position downwards; in the short term, pay attention to EMA30 as the first support. From the current K-line shape, the downward movement is still slow, and the fast and slow lines are converging for the second time. Generally, a second convergence is quite stable, and a death cross is inevitable. Moreover, the volume above the zero axis is noticeably shrinking, and the KDJ three lines are also turning down again, indicating that there is still space below and it is not finished yet;

In the 4-hour chart, the Bollinger Bands channel is opening, and the K-line formed a pullback after a second high above 3500, currently at EMA7 and EMA10 positions; below, first look at EMA15 and the middle track for support. If it breaks, then look down to the EMA30 and MA30 overlapping support area, which is also a second bottom adding position, and may form a double pin pattern with last night's low point; after the fast and slow lines golden cross, they are converging again. Once a death cross forms, it will be a big short. The KDJ three lines are also forming a downward intersection, indicating a strong bearish situation. However, Lihui believes that if the short position moves very slowly, the fast and slow lines may form a divergence and open upwards again;

On the daily level, the Bollinger Bands are opening upwards, and the K-line has been rising along the EMA7 line, raising the low points. The previously mentioned EMA80 and EMA120 are crossing above EMA180 and EMA220; if it breaks through, it will form a complete bullish arrangement, marking the beginning of Ethereum's spring; indeed, it is the beginning!

In summary, Lihui believes that short positions should not be chased, and the strategy should still focus on low long positions, as the second-largest cryptocurrency can be quite fierce when it rises;

At 3:26 AM Beijing time on November 26, the editor suggests entering light long positions in the 3425-3390 range on a pullback, reserving the 3300-3340 range for adding positions below; stop loss below 3300; target at 3480-3530, and if it breaks above 3540-3560, it can reach above 3600;

The entry point for short positions also needs to pay attention to the high point around 3626 on June 20, as this way, the pullback space below can easily gain 100-150 points;

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, and the article's suggested points are for reference only. Please do not operate with heavy positions; when entering, please set take profit and stop loss, and take profits when they are good!

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. I welcome comments and messages from those who are not familiar with trading!

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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, experience storms, and gain insights into life.

May you, under Lihui's guidance, leverage strengths and avoid weaknesses, create value, and remember the market's baptism, 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 in this investment journey full of challenges and opportunities!

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