12.16 Zhang Lihui: After closing long positions, is there still an opportunity to short Ethereum? Where are the entry points today? #加密市场反弹 #ETH🔥🔥🔥🔥

With Bitcoin hitting a new high again, Ethereum is also about to break through its recent high points of volatility. In the 1-hour chart, the fast and slow lines have crossed again, creating an upward opening situation. Above the 0-axis, there is also an increasing volume; it seems that bulls still have room to develop. After Bitcoin broke the new high this morning, Lihui's setup of short positions in the 3920-3960 range has decisively taken profit below the opening price; the opening price has been adjusted upwards. It is recommended not to chase longs at the current position, as the risk of chasing long positions at high points is still very great based on the liquidation data from the past few days. I hope everyone treats this with enough rationality! Lihui did not set up long positions at this position in March, and still will not do so now! Still setting up short positions!

The daily Bollinger Bands continue to narrow, and the upper space has not opened up much. Currently, it is still hovering around the previous highs, and the fast and slow lines have not narrowed as severely as Bitcoin. The death cross expansion is still ongoing, so there is no need to panic; the bears still exist. Continue to pay attention to whether Bitcoin's daily line can reverse the divergence, or wait for Ethereum's fast and slow lines to narrow before opening short positions!

Beijing time December 16, 8:22 AM, editor: It is recommended to continue lightly testing shorts in the 4010-4050 range; stop loss above previous highs. If stopped out, adjustments can be continued!

Low long entry opportunities can be based on real-time notifications from Lihui!

There are delays in article review and push, and market conditions change rapidly. Specific entry opportunities must be combined with real-time operations, with real-time notifications as the standard. The suggested levels in the article are for reference only; do not operate with heavy positions. Please ensure to set stop-loss and take-profit levels when entering, and take profits when available! $ETH