#BTC再创新高
Zhang Lihui reveals: When will the Bitcoin bubble burst? It's the right time for Ethereum shorts!
The shorts have indeed returned. Do you remember Lihui advising everyone to short around 4050 on Ethereum yesterday morning? By this morning, half of the position was reduced to take profit, and the rest is still firmly held. After two weeks of a bearish strategy, it's finally starting to pay off, and the entry point for the high point short has been firmly secured. Lihui plans to continue with a long-term approach, constantly adjusting positions, so everyone can keep up with the pace.
After reducing the position yesterday, the market rebounded, providing another opportunity to short. Those who entered halfway above 4020 have also reduced their holdings below 3860. We need to be prepared for a long-term battle!
Let's take another look at Ethereum's 4-hour Bollinger Bands; the price has already broken below the MA60 support and is still testing the MA120 position, which is the key point of 3800. If it cannot hold, the next low point will have to look towards the MA180 position, which is currently at 3637. However, the MA180 moving average is still trending upwards, and the exit opportunities may vary with adjustments. MACD has significantly increased below the 0 axis, and a death cross has also formed, with the opening still expanding, making the bearish target achievable!
The daily Bollinger Bands are starting to close downward, with the upper band pressing down, and the highs will continue to decrease. As for the lower band, as Lihui mentioned yesterday, it has already fallen below the MA30, but the MA30 is still maintaining an upward posture, coinciding with the 4-hour MA180 position. There may be strong support forming here in the short term. The current K-line has retraced to the middle band, but the middle band is also turning down. Therefore, Lihui's bearish outlook remains unchanged. MACD has increased again below the 0 axis, and the fast and slow lines failed to converge, just as Lihui predicted. The daily close is approaching, and as long as the death cross is still expanding, the short positions can continue to be held.
Updated at 7:30 AM Beijing time on December 18: It is suggested that shorts that have already been reduced in the 4020-4050 range can continue to be held; the target is initially set at 3820. If it breaks below 3815-3795, then we can look towards 3720-3650 below.
In the next layout direction, I will lead everyone to aim for the lucrative opportunities in altcoins, especially those with high potential projects, with an expected return of over 10 times being no problem. If you want to make big money in the bull market, like and comment, and I'll take you to layout the entire bull market!