6.5 Zhang Lihui: Bitcoin's daily middle track continues to be pressured and falls back! Is Ethereum consolidating sideways or is it in a high position to accumulate before a sell-off? Today's latest (ETH) market analysis and trading reference! #美国加征关税 #BTC #BTC🔥🔥🔥🔥🔥 #ETH #ETH走势分析 $BTC $ETH
In the past two days, Ethereum's performance has indeed been strong, and any slight pullback has been swiftly followed by a rebound. Yesterday, the short position set by Lihui was reached after waiting for a day, with a peak reaching 2680 before falling back again. The so-called trend does not establish without breaking, so you must understand that Lihui has always been waiting for the market to repeatedly test the 2650 high before choosing to enter. After this kind of repeated oscillation, there will usually be large upper and lower wicks formed, allowing for more room, which is safer. It is recommended to reduce positions at the 4-hour middle track position if there are profits! The old rule is that no matter how confident you are in the market, you must ensure good defense when entering!
The current 4-hour K-line is forming a double top structure, similar to the peak of 2780 on the 29th. The current Bollinger Band channel at this level is very narrow, and the K-line is currently retreating to the middle track position after hitting the upper track in the evening. Throughout the day, we need to continue monitoring whether the middle track, MA60, and lower track support can remain effective. If it breaks down below the MA120 and MA30 range, then short positions can be held. As long as yesterday's low is broken, the market will also fall back to the MA180 position, which is below 2500—this position has been watched by everyone for a long time; of course, if the MACD is still not strong enough while shrinking, it may form a support oscillation to rise again;
However, the conditions for a bullish breakout are still not very satisfied, as the daily death cross continues to open, with Bitcoin consistently pressured by the daily middle track and many other factors. If the K-line gives another rebound opportunity to short at the daily MA220 and above the upper track position, it would be the safest; this way, the defense can be placed above the high point on the 29th, which is the MA380 position;
Today's Ethereum short suggestion: light short in the range of 2690-2735; stop loss at 2790; target at 2620-2570; if breaking below the 2565-2550 range, it can continue to be held;
For long positions, it is suggested to enter at the effective support of the 4-hour MA120 and MA30 double lines, which is the effective support zone of yesterday's low, with a target of over 50 points that can be taken freely; do not be too greedy! Specific entry opportunities can be followed through Lihui's real-time updates!
There is a delay in article review and push notifications, and the market changes rapidly. Specific entry opportunities should be combined with real operations, based on real-time notifications.