5.30 Zhang Lihui: After the good news, it’s time for the bad news to come! Is the bearish trend of Ethereum set? Seize the opportunity to short at the high point of shock. Today's (ETH) market analysis and operation reference #5月市场关键事件 #新币挖矿 #BTC走势分析 #现货以太坊ETF获美SEC批准 $BTC $ETH

Ethereum 1 hour view, the price is in a shock downward channel. After the price touched 3745 in the early morning of today, it formed a long period of low-level shock. At present, it began to cross the EMA10,15 moving average and continued to approach the EMA30 position. The top pressure was given to the overlap position of EMA80 and EMA60. Then the KDJ three lines began to diverge upward after crossing at the bottom; MACD0 axis was strong with shrinking volume, and DIF was turning upward and approaching DEA at the bottom. If the market goes smoothly, coupled with the formation of a golden cross, the price may rise again. In addition, the top trend line is also a large pressure peak. If it cannot break, the layout of short orders can pay attention to this position!

In 4 hours, the price of the currency just rebounded at the bottom trend support line. The current price of the currency is rushing upward to the EMA30 position, and the upper short-term moving average has no obvious signs of slowing down; the three lines of KDJ are turning upward at the bottom to form a cross, and the MACD0 axis begins to close. The distance between DIF and DEA is not significantly reduced, but continues to approach the 0 axis position. Focus on whether the closing can form a successful closing. If DIF cannot enter below the 0 axis, then the price of the currency will continue to break down again!

Based on the above indicators, the operation is still mainly based on rebound shorts! There is a high risk of more high positions, and there is no need to gamble!

It is recommended to short in the 3800-3830 range, stop loss 3850, target 3750; break 3740-3720 and continue to hold to 3680-3630;

There is a delay in the review of the article, and the market is changing rapidly. For more real-time orders, you can follow the public account and my name to obtain it. Please strictly take the stop profit and stop loss when entering the market, and stop when you see good!

I, Li Hui, interpret the world economic news and analyze the major trends in the global cryptocurrency circle. During my further studies in the United States, I have conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL and other currencies. Friends who don’t know how to operate are welcome to leave comments!