11.22 Zhang Lihui: The bull greed index soars, do bears still have a chance? Where are the entry opportunities today? Latest Ethereum (ETH) market analysis reference!

It can be seen that the daily K-line in the Ethereum 4-hour chart has broken the MA60 and upper pressure as expected, which is the 3160 position mentioned yesterday. The market has risen again to above 3300 under the push of the main force; currently, the Bollinger Bands are opening, and the lower band has pierced the long-standing defense level of 3000, indicating that there is also space below. Do not be misled by the current rapid bullish movement, as the upper pressure today can be seen at the previous high position before the 12th for shorting; consider the MA60 and EMA7 range for support on a smaller scale; currently, it is not recommended to chase longs to prevent the main force from raising prices to sell off, after all, Ethereum has risen a lot today, which is still rare;

The daily K-line has already pierced the upper track, but there is no significant upward movement in the Bollinger Bands' upper track. It is expected that the daily closing price will fall back below the upper track again, with support for the pullback looking at the middle track and EMA7 position; EMA30 continues to rise, and the previously mentioned EMA60 has crossed above EMA120, with EMA80 closely following, indicating that the medium to long-term bullish trend still exists; furthermore, the previously anticipated DIF and DEA death cross has reversed again to form a golden cross, continuing to watch today's performance to see if it can open up again;

In summary, Lihui believes that a short position can be attempted at the high point on the 12th, and if the pullback support does not break, a long position can continue to be the main strategy;

Beijing time, November 22, 2:44 AM Editor: It is recommended to focus on entering short lightly in the 3400-3440 range, with a stop loss above 3480; target 3320-3230-3170, breaking below 3160-3130 can continue to hold;

It is recommended to enter lightly long below 3170; with a stop loss below 3130; the target looks at 3250-3340-3430; breaking above the 3440-3460 range can continue to hold above 3500;

There is a delay in article review and push notifications, the market changes rapidly, specific entry opportunities must be combined with actual market operations, based on real-time notifications, article suggested points are for reference only, do not operate with heavy positions, please enter with take profit and stop loss in mind, and take profit when it is good! $BTC $ETH #BTC何时突破10万?