12.13 Zhang Lihui: After Ethereum's strong stretch and loss, it faces selling pressure and may experience another deep correction? What are today's ETH short targets and entry opportunities? #市场调整后的方向 #ETH🔥🔥🔥🔥 $ETH

Yesterday, Lihui mentioned that the bullish target of 3960 was reached as expected, and the short positions in the 3920-3960 range that were laid out are currently being held. Although the bulls are strong and it has been tough to hold, ultimately it has come down. Lihui has repeatedly reminded cryptocurrency friends to avoid chasing after high prices, as one careless move can turn into fuel! It can be seen that the Bollinger Bands on the 1-hour chart are opening again, and the lower space is being tested again. The K-line has already fallen below the EMA30 support; the MACD continues to expand below the zero line, and the fast and slow lines have not bounced back but instead formed a death cross again, with the bearish trend continuing. Currently, the support to consider below is EMA60-EMA300, and if it breaks, it is advisable to reduce positions and hold;

On the 4-hour chart, the upper Bollinger Band is narrowing down, and the K-line is testing the mid-band. The volume above the zero line is decreasing, and the fast and slow lines are beginning to converge. It seems that if the mid-band and the intersection support of MA30 and MA60 cannot hold, then the lower MA120 and the lower band range should be considered. If the intraday market moves downward rapidly and strongly, the fast and slow lines will form a death cross again, leading to another deep correction! The third support point is at the MA180 position, which is at 3506. Currently, it seems a bit far, but it cannot be ruled out that there is a possibility of the daily line closing in the negative. Therefore, after breaking, it is recommended to gradually reduce positions!

At 5:20 AM Beijing time on December 13, editing: It is suggested to take profit in batches at short targets of 3830 and 3720; if the market rebounds again around 3960, entry can continue, with the same target unchanged, and light short positions can be tested continuously!

For long positions, as I mentioned yesterday, attention should be paid to entering if the 3680-3710 range is not broken, with targets at 3820-3830-3940; specific entry opportunities can be based on Lihui's real-time notifications!

Article review and push have delays, and the market changes rapidly. Specific entry opportunities must be combined with real-time operations, based on real-time notifications. The suggested points in the article are for reference only, do not operate with heavy positions, and enter with good take profit and stop loss strategies, take profits when favorable!