11.25 Zhang Lihui: Ethereum Market Analysis and Operation Suggestions:
Ethereum experienced a significant pullback yesterday, and there was a reminder about the risks of going long in real-time guidance; the Bollinger Bands on the 1-hour chart have opened again, the upper band is rising, and after touching the EMA160 position, the lower band is also moving down again. The K-line has tested the EMA160 position multiple times last night and has rebounded near the current EMA30 position. In MACD, there is again an increase above the 0 axis, and a golden cross has formed, but the market's rebound from the low point to the current position is quite slow, posing a risk of inducing longs. Consider the pressure at the MA30 position above.
On the 4-hour chart, the Bollinger Bands channel has not changed significantly, the lower band has shown a brief contraction, and the K-line rebounded again after touching the EMA30 last night. The current K-line is approaching the EMA10 and the middle band area, which can serve as a pressure point, meaning it can be a short position entry point, and reserve positions at the upper band for additional purchases; in MACD, the volume below still exists, and the high position dead cross spread continues. Lihui believes there is still downward adjustment space after a short-term rebound, and the strategy can remain primarily bearish; continue to watch for breaking below the EMA30 and the lower band, which can connect to the EMA60 to EMA80 positions.
Beijing time, November 25, 7:22 AM edited: It is recommended to enter lightly in the 3360-3380 range, reserving additional purchases in the 3450-3480 range above; stop loss at 3500; target looking at 3300-3230-3180; Suggest to pay attention to low longs in the 3190-3170 range, if it doesn't break, you can enter lightly, targeting 3220-3280-3340.
There may be delays in article review and push notifications; market conditions change rapidly. Specific entry opportunities must be combined with real-time operations, and real-time notifications are the standard. The suggested points in the article are for reference only; do not operate with large positions. Please enter with proper take-profit and stop-loss measures and take profit when it looks good!
I, Lihui, interpret global economic news and analyze global cryptocurrency trends. During my studies in the United States, I conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other cryptocurrencies. Friends who are unsure about operations are welcome to comment and leave messages!
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