12.18 Zhang Lihui: Doing it alone is ultimately a bubble; Ethereum shorts are arriving as scheduled. What are the short targets? #BTC再创新高 #ETH🔥🔥🔥🔥
The shorts have pulled back as expected. Does everyone remember the Ethereum 4050 short position that Lihui laid out early yesterday morning? Half of it has already been closed for profit, and the remaining position is still held. The bearish strategy maintained for 2 weeks continues to yield profits, and the entry point for the high short has been captured. Lihui will continue to hold long-term positions while adjusting the portfolio, so everyone can pay attention to that. Additionally, after reducing positions yesterday, the market rebounded again, providing another short opportunity. Friends who entered above 4020 are also reducing their positions below 3860. Let's keep up the long-term battle!
Continue to watch the opening of the Bollinger Bands for Ethereum on the 4-hour chart. The price has broken down through the MA60 support and is continuing to test the MA120 position, which is around the 3800 mark. This position is also quite critical; if it cannot hold, the next low point will be at the MA180 position, which is currently at 3637. However, the MA180 moving average is still adjusting upwards, so an exit opportunity may arise with the adjustment. The MACD is showing strong volume below the 0 axis, and the death cross has successfully formed, with the opening continuing to expand. The short target is expected to be achieved!
The daily Bollinger Bands are beginning to close downwards. The upper band is pressing down, indicating that highs will continue to be lowered. The lower band, as Lihui mentioned yesterday, continues to move down and is currently below the MA30, but the MA30 is still maintaining an upward posture, coinciding with the 4-hour MA180 position. In the short term, this area may form strong support. The current K-line is retracing towards the middle band, but the middle band is also turning downwards, so Lihui's bearish outlook remains unchanged. The MACD is again showing strong volume below the 0 axis, and the fast and slow lines, as Lihui predicted, have failed to close. The daily close is also approaching, which stabilizes the situation. As long as the death cross continues to expand, the short position can continue to be held;
On December 18th, at 7:30 AM Beijing time, edited: It is recommended to continue holding the shorts that have been reduced in the 4020-4050 range; the target continues to look at 3820 first. If it breaks below 3815-3795, we can see 3720-3650 below; those who have not yet entered shorts can wait for short-term rebounds to enter, including opportunities for low longs, and can wait for Lihui's real-time notifications!
