7.2 Zhang Lihui: Bitcoin peaked and fell back for the second time, is Ethereum still accumulating strength? Where are the short-selling opportunities today? The latest (ETH) market analysis and operation reference #币安合约锦标赛 $ETH
The K-line of Ethereum 1-hour chart hit a high of 3525 in the morning and fell back to the EMA30 support, forming a U-shaped second peak. It can be seen that it just came down at the pressure position of the callback straight line. Then we can continue to pay attention to whether the second peak can break through; in MACD, we can see that DIF is forming a golden cross phenomenon at a high level. There is no need to worry too much about this. Even if the high position is pulled back to form a golden cross, there is not much room; those who have entered the market with a light position can cover their positions at this position, and those who have not entered the market can arrange a light short position at this position!
In the 4-hour chart, we can see that after the K-line broke through the top EMA200 in the morning, it also retreated to the EMA80 position under the pressure of the callback line. The current market is rushing up again to try to stabilize EMA200, and the second rush to the callback line pressure position; the current pressure is 3530-3550; the volume above the 0 axis in MACD is not so strong, and DIF and DEA are also closing above the 0 axis; we still have to pay attention to whether the big cake can be pressed down again at the EMA150 and the callback line pressure position after the second rush, and then look at the performance of Ethereum, because from the current 4-hour chart, Ethereum is indeed strong, but the general trend still depends on the big cake, and the short position still exists, so everyone should be prepared for entry!
In summary, the bitcoin market will form a pressure retracement again in the short term. In terms of operation, it is still enough to enter the market at a high altitude. Everyone still needs to pay attention to whether the bitcoin 4-hour K-line can stand firm at EMA120, and then see whether the EMA150 position can be reached. You can refer to the shorting and covering opportunities of Ethereum. Remember not to blindly chase more. The risk of being trapped in the current position is always greater than being short!
It is prudent to short 3% in the 3490-3520 range, and reserve 6% in the 3610-3630 range above, stop loss 3650, and take profit 3450-3400-3355;
There is a delay in the review of the article, and the market is changing rapidly. Please take profit and stop loss, and stop when you see the good! For more real-time orders every day, you can follow the public account and get the name of the person. You can learn online disk technology, unwind and exit, etc.!