12.14 Zhang Lihui: Is Ethereum stabilizing at a high level or accumulating/selling off? Be cautious about chasing long positions and getting trapped! Today's layout strategy revealed! #ETH🔥🔥🔥🔥 $ETH

Ethereum had another high-level consolidation yesterday, with the K-line running consistently within the 1-hour Bollinger Bands channel. Short-term bearish indicators have appeared, and the decline is still not as expected. Currently, it remains stuck between the MA30 and the upper band, seemingly stabilizing. However, Lihui believes this is actually a sign of continued high-level accumulation. If the bulls don't accumulate, how could it drop, right? However, the moving average support is indeed rising, and the first support can be observed at the intersection of MA180, MA220, and MA60; there is also a convergence at MA120 and MA300. Although the MACD below the 0-axis is showing weak volume, the short-term bearish trend still exists. The fast and slow lines are in a dilemma between bullish and bearish. However, the law that prolonged sideways movement must eventually lead to a drop will never change. It is very similar to the trend on the 9th of this month. Regardless of whether it can drop here, Lihui prefers to layout short positions instead of chasing longs. At most, it would be light short positions with stop-loss, continuing to raise the opening price;

In the 4-hour chart, the Bollinger Bands are narrowing and may open again. The lower band is diverging downwards towards MA30, approaching MA60. Therefore, the bearish target mentioned yesterday remains valid, and breaking below MA30 still points to MA120; in the MACD, while the volume above the 0-axis is decreasing, although slowly, the narrowing will eventually come; it's only a matter of time, and it may come slowly over the weekend. Continue to pay attention to whether the narrowing is successful or if a dead cross forms, choosing to reduce short positions or enter low-long positions;

At 4:45 AM Beijing time on December 14, Editor: It is recommended to continue holding short positions above 3920, reserving additional positions in the 4050-4080 range, with a stop-loss at 4095; target 3865-3820, breaking below 3815-3800 can continue holding until near 3710;

The opportunity to enter low-long positions still focuses on the range of 3680-3710, entering if it does not break, with a target of 3820-3940; specific entry opportunities can be based on Lihui's live trading notifications!

The article review and push have delays, and the market changes rapidly. Specific entry opportunities must be combined with real-time operations, using live notifications as the standard. The suggested points in the article are for reference only, do not operate with heavy positions, and please set take-profit and stop-loss when entering. Take profits when favorable!