1.7 Zhang Lihui: Ethereum Market Analysis and Trading Suggestions:

Don't panic during the pullback. Just now, after Bitcoin retraced below 97,200, Lihui has once again positioned a long order, continuing with the strategy of lightly testing longs around the pullback! After Ethereum dipped close to the 3,400 mark in the evening, it formed a downward pin bar. In the 4-hour chart, you can see that the candlestick just formed a rebound at the EMA300 support level. This position can also continue to serve as a testing point for long orders. Although there was a rapid decline in the evening, the upper band did not turn downwards. It is recommended that everyone does not blindly chase shorts at this position; during the day, you can pay attention to the pressure in the upper EAM30 to the mid-band range.

The daily level candlestick has also just dipped to the EMA60 position, forming a rebound, which, along with the 4-hour EMA300, creates double support. Therefore, the lower defense can be set at the EMA80 position. If it breaks, it needs to continue adjusting to form a strong support node at the lower band and EMA120. The upper pressure also needs to be observed at the mid-band position.

At 1:36 AM Beijing time on January 8, the editor suggests continuing to lightly test longs below 3,455; stop loss below 3,325; target at 3,520-3,580; if it breaks above 3,590-3,620, you can continue to hold; if stop loss is triggered, you can continue to adjust to long positions at 3,330 and 3,220, with the same target unchanged!

For short orders, it is recommended to arrange based on real-time market changes. Specific operations can be consulted with Lihui for entry!

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. Please refer to real-time notifications; the suggested points in the article are for reference only. Do not operate with heavy positions; please set take profit and stop loss when entering, and take profits when favorable!

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 public account: Zhang Lihui) 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. 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, draw wisdom, travel thousands of miles, weather storms, and gain insights into life.

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