5.12 Zhang Lihui: Ethereum 2600 Peak Accurately Hit! High Position Death Cross Might Encounter Major Pullback? Today's (ETH) Market Analysis and Trading Reference! #BTC重返10万 #BTC #ETH #Ethereum #ETH（二饼） $BTC $ETH
Yesterday, in Lihui's Ethereum article, the bullish target was accurately hit at 2600, and in the morning it just touched the daily EMA300 position, forming a pullback. Short-term signals have appeared indicating a pullback, so EMA300 may form a new peak. Those who have shorted at high positions can continue to hold and patiently wait for the next interval pullback low;
The 1-hour candlestick chart shows a fluctuating downward trend, with the high points continuously decreasing. The fast and slow lines have not successfully converged yet, and there is still volume below the zero axis, indicating that there is further demand for a pullback. Therefore, one can consider whether the EMA60 and EMA80 range can effectively support before considering re-entering long positions. From the Bollinger Bands channel pattern, the likelihood of maintaining fluctuations during the day is relatively high; for those who have not entered yet, they can consider lightly entering short above the upper track, with the stop-loss set above the previous high;
The 4-hour fast and slow lines have also formed a high-position death cross again. Currently, the volume below the zero axis is not very strong, so this week we need to pay attention to the support situation below. The current level needs to look at the lower track and EMA15 position; if it breaks, we need to continue looking down to the EMA30 position; including the previously mentioned weekly line, it has not yet successfully formed a golden cross, so before a deep pullback occurs, I hope everyone does not blindly chase long positions; as for Bitcoin, it’s much simpler. The fluctuating high point above 104500 has already arranged for a light short entry, and after waiting for a few days, I still took action, with the stop-loss also placed above the previous high, with a small loss on the break, waiting for the bulls to clear the major pullback! Remember, never chase Bitcoin at a high position!
Today's Ethereum shorting suggestion point 1: Light short above 2535, with a stop-loss above 2605; target 2460-2410; if it breaks 2400-2380, you can continue to hold down to below 2300;
Long positions need to pay attention to the support situation at the 2400 key point! Specific trading opportunities can be consulted with Lihui at any time!
The article review and push have delays, market conditions change rapidly, specific entry opportunities must be combined with real trading operations, and real-time notifications take precedence. The article's suggested points are for reference only, and do not operate with heavy positions. Please ensure to set take-profit and stop-loss when entering, and take profits when they are good!
