5.26 Zhang Lihui: Clear short signal for Bitcoin, will it rebound? The lower track defense of Ethereum's daily line is crucial! Today's latest (ETH) market analysis and trading reference! #加密市场回调 #MichaelSaylor暗示增持BTC #BTC #ETH #Ethereum $BTC $ETH
Fans were able to secure profits above 2515 according to Lihui's article recommendation to enter long positions at the 1-hour EMA300 level yesterday, and making over 50 points on the weekend is quite good as well; although there are signs of a rebound in the short-term 1-hour market, it still doesn't show enough strength. The EMA120, EMA80, and EMA60 mentioned yesterday have not been broken, and can continue to be referenced as today's first resistance level, with EMA180 serving as a four-line resistance range;
The 4-hour Bollinger Bands are continuing downwards, with the candlestick currently blocked by the middle track and EMA30 range. The second resistance can be referenced as the upper track and is parallel to yesterday's high point; the lower track piercing down through EMA80 indicates that the bearish trend is still continuing, and a second breakthrough will lead to the EMA120 level mentioned yesterday. The current fast and slow lines at this level are slightly converging, but the volume performance still isn't strong enough, so the high short strategy can still be planned! The daily lower track and recent low points serve as parallel support, which is also a particularly crucial signal. Continue to focus on the key 2440-2400 range; if lost, we may face significant downside again, as the death cross of the daily fast and slow lines has formed. Now we wait for a suitable opportunity to sell, regardless of bullish or bearish; how the market moves this week, make sure to set proper stop losses when entering, and reserve enough chips for the next layout!
Today's Ethereum short recommendation: light short in the 2535-2570 range; stop loss at 2590; target 2485-2440; if it breaks below the 2430-2400 range, you can continue to hold; if there are stop losses, you can consult Lihui to continue adjusting the entry price for shorts;
For long positions, it's recommended to enter at the second support below the 1-hour EMA300 level, which is the effective support range of 2430-2400, with a target of 50-100 points or more to secure profits freely! Specific entry opportunities can be followed with Lihui's real-time updates!
There is a delay in article review and push notifications; market conditions change rapidly. Specific entry opportunities must be combined with real-time operations, and real-time notifications are the standard. The recommended entry points in the article are for reference only; do not operate with heavy positions. Please ensure to set take-profit and stop-loss levels when entering, and take profits when favorable!