6.8 Zhang Lihui: Should we continue to pay attention to whether Bitcoin can stabilize at the middle track of the daily K-line? Ethereum's short-term rebound faces heavy resistance, making it difficult to gain momentum? Today's latest ETH market analysis and operational reference! #加密市场回调 #BTC #BTC走势分析 #ETH #ETH🔥🔥🔥🔥🔥🔥 $BTC $ETH
The weekend market remains sluggish, after waiting a day, it finally rebounded above 2520. From the 1-hour chart, we can see that its intrinsic value has already taken effect. The current K-line is facing resistance in the EMA80 and EMA120 range, which just forms the right peak of an M-top. This peak is also the parallel resistance level of the 1st and 2nd oscillation highs. If it breaks through the upper EMA120, the defense should be placed at the top MA120, MA180, MA220, MA300, which are four pressure levels, and this position is also the low point of the 3rd to 5th oscillation; therefore, we should still look at the support at yesterday's low point; the current fast and slow lines are narrowing, with reduced volume above the 0 axis, and we need to pay attention to whether a dead cross can form;
The 4-hour K-line has just reached the upper track position and is under pressure again, and it is expected to form a double top pattern again, but the MACD is starting to expand above the 0 axis, although it is not very strong. We need to pay attention to the subsequent stretching after the current golden cross, and we can also see the top pressure of MA30, MA60, MA120. Combined with the short-term 1-hour view, there is still significant resistance above, including the J-line also turning down in the oversold area, and the RSI three lines are similar. Therefore, we can focus on whether the fast and slow lines can reverse the second divergence before considering how long to hold the short position! Below, we can first pay attention to the 2450 and MA220 positions;
Today's Ethereum short selling suggestion: It is recommended to continue lightly shorting in the 2520-2560 range; stop loss at 2590; target 2450-2415; breaking below 2400-2380 can continue to hold the daily EMA60, which is near the 2310 position;
For long positions, it is recommended to pay attention to the secondary support at yesterday's low point and the 2400 level before entering, with a target of more than 50 points for free profit-taking; do not be too greedy! Specific entry opportunities can be followed with real-time updates from Lihui!
There is a delay in article review and push; the market is changing rapidly. Specific entry opportunities must be combined with actual operations, based on real-time notifications. Article suggested points are for reference only; do not operate with heavy positions. When entering, please set take profit and stop loss, and take profit when it is good!