$ETH 11.23 Zhang Lihui: Bitcoin reaches a new high again, Ethereum's pullback is hindered, will the bulls continue? Where are the entry opportunities today? Latest Ethereum (ETH) market analysis reference! #比特币突破10万？ $BTC

Lihui mentioned in yesterday's article that entering lightly short in the 3400-3440 range has already secured over 100 points for profit. The intraday pullback did not provide the expected space, and as Bitcoin broke through new highs in the evening, Ethereum again pulled back, falling into a weak position;

It can be observed in the 1-hour chart of Ethereum that the Bollinger Bands are pointing downwards, but the candlestick pullback is still slow. The lower band is close to the EMA60 support line, which can serve as an entry point for longs, with the stop loss placed around the EMA80 and MA60 range; the MACD continues to expand at the 0 axis, and the fast and slow lines are approaching the 0 axis position with a dead cross; it is expected that the fast line will show signs of turning around again;

In the 4-hour chart, the Bollinger Bands are once again tightening, and the upper band is moving down, indicating that breaking through the 3450 level is quite difficult, while the lower band also continues to rise and overlaps with the MA30 support, so the fluctuation range provided may not be very large, and we can continue to capture range profits;

On the daily level, the upper band is rising, and the Bollinger Bands are about to form an opening state. The intraday defense points can be observed at the EMA7 and the middle band, which coincides with the MA60 on the 4-hour chart; Lihui previously mentioned that the EMA60 has risen and overlaps with EMA220 and EMA160, while EMA120 and EMA80 closely follow; looking at the medium to long term, we continue to expect breakthroughs for further gains;

In summary, Lihui believes that the pullback space for Ethereum is limited, and we should continue to capture profits from the oscillation space, currently considering continuing to be long as the main strategy;

Beijing Time November 23, 4:50 AM Editor: Suggest entering lightly long in the 3300-3280 range; reserve below for additional purchases at 3200-3170, with a stop loss below 3150; target at 3360-3400;

For short positions, continue to monitor the 3400-3440 range; if it does not break, lightly enter short, targeting 3330-3270-3210. If it breaks below 3200-3170, you can continue to hold;

The article review and push have delays, the market changes rapidly, and specific entry opportunities must be combined with real-time operations; the suggested levels in the article are for reference only, do not trade heavily, and always set take profit and stop loss when entering. Take profits when you see good results!