12.20 Zhang Lihui: Where is the key point for the end of the bearish rebound? What to do if the long position is stuck? Where are the entry opportunities for Ethereum today? #加密市场回调 #圣诞行情预测 $ETH
The market has once again lost the 100,000 mark today, and has reached a 7,100 point pullback so far, with the trend favoring the bears again, further clarifying the short-term thinking! Continuing to look at Ethereum, after touching 3,718 on the daily chart, a significant pullback has formed, currently the lowest point is 3,322; in the early morning market, it dropped below EMA60, and is currently forming a pullback. From the direct pullback perspective, there are two resistance points above, one is 3,490, and the other is the golden 618 position, which is also the daily EMA30 position. These two positions can continue to be used as trial entry points for short positions; the next breakdown defense point below is the EMA80 and MA60 position, which is the 3,260-3,230 range; so it does seem quite scary, everyone entering must set a stop loss and must not lose big for small gains!
In the short term, the bullish reversal on the 1-hour level is not strong enough, but there is a slight contraction below the zero line, and the fast and slow lines may form a brief convergence, so the upper side can also pay attention to the middle track and EMA30 position; KDJ's three lines at the bottom are intent on rising and overlap upwards. Below 3,400, the long position can be conservatively held, but do not be too greedy, the mindset is still better to stay mainly bearish! So the opportunity for a lower long still needs to wait until the 4-hour line converges before going mainly long!
At 6:06 AM Beijing time on December 20, the suggestion is to short in the 3,590-3,620 range; stop loss above 3,650; the target continues to look at 3,490-3,410-3,350, breaking the 3,340-3,320 range can hold to the 3,260 position;
For a lower long, you can pay attention to the support in the 3,230-3,260 range for entry, the target can be adjusted based on real market changes, gaining a hundred points of space should not be a big problem; specific operations can be consulted with Lihui for entry based on real market changes!
There is a delay in the article review push, the market changes rapidly, specific entry opportunities must be combined with actual market operations, real-time notifications are the standard, article suggested points are for reference only, avoid heavy positions, please set take profit and stop loss upon entry, and take profits when good!