7.24 Zhang Lihui: ETF benefits are not as good as expected, will Ethereum switch between long and short positions this time? Where is Ethereum's high-short and low-long position today? The latest Ethereum (ETH) market analysis and operation layout reference #美国以太坊现货ETF开始交易 $ETH

Yesterday's Ethereum article mentioned that the 1-hour EAM200 support rebounded more, and long profits were obtained twice. The upper side also reached the 3540 position as predicted by the circle of friends, but it was not as expected and did not break the previous high; the article also mentioned that short orders should also pay attention to 3560-3580 not breaking the short, but guarding against ETF benefits, I did not arrange shorts, and repeatedly emphasized the callback;

Then we can see from the 1-hour chart that the currency price tested the support EMA200 three times yesterday Finally, it could not defend against the downward penetration and reached the bottom of the Bollinger Bands. After that, it rebounded to the current top EMA80 and EMA60 double lines. It can be seen that the Bollinger Bands formed a downward closing state again after opening. The MACD formed a shrinking volume again below the 0 axis. The DIF also turned low again to form a closing. It may form a golden cross close to the 0 axis position again like yesterday. The golden cross position this time is higher than the previous period, which means that the upper side can open up further space;

The upper rail in the 4-hour Bollinger Bands chart ended the downward posture and remained parallel to the lower rail. The market pulled back after inserting EMA80 in the early morning. The current If the K-line hits the middle track and EMA15-EMA10 again, then we need to consider the upper track and the pressure position range of the callback line. If it breaks, it will hit the previous high to reach the 3600 mark, which is also a key position of the top trend line;

The Bollinger Bands in the daily chart continue to close, the upper track position is also around 3600, and the lower track is close to 3300. The current K-line closing may continue to remain above the middle track. The volume above the 0 axis in MACD is shrinking, and DIF and DEA are closing. The energy of bullish performance is also weakening;

Combining the above indicators, you can consider high altitude within the day. ; For low long positions, consider the three-line support range at the bottom of the 4-hour line, defend the lower track of the daily line and EMA120 to cover the position, and stop loss decisively when breaking;

It is recommended to short 2% at 3520-3540, and short 4% at 3590-3610, stop loss at 3630, and target 3520-3470; if it breaks 3460-3440, it can be held to 3390-3370; $

It is recommended to long at 3370-3350, stop loss at 3330, and target 3420-3470;

The review of the article is delayed, and the market is changing rapidly. Please take the stop profit and stop loss, and stop when you see the profit!