6.14 Zhang Lihui: The giant whale encounters a liquidation chain reaction! How should retail investors protect themselves? Which key signals in Ethereum should we pay attention to? Today's ETH latest market analysis and operational reference! #以色列伊朗冲突 #加密市场回调 #BTC走势分析 #ETH #ETH🔥🔥🔥🔥🔥🔥
Yesterday, Lihui clearly mentioned in the Ethereum article at 2730 that there were signs of a pullback, hoping everyone noticed not to chase high positions! The market broke through the 4-hour EMA60 and EMA80 support zone as expected, coupled with the frenzy of long liquidations and the impact of the Middle East situation, leading to a direct drop below 2500 and forming a spike. In the evening, the market formed secondary support and rebounded at 2500, which is very similar to the rhythm after the last major downturn, continuing to move in a fluctuating upward correction phase. After liquidating the long positions, it has now started to liquidate the short positions of Bitcoin whales, which may further drive the price rebound. To be honest, the recent news about these liquidations of whales has been overwhelming, it seems the institutions are quite busy! Without saying too much, everyone entering the market must strictly set stop losses! I hope that after the liquidation storm, you are still here!
Currently, the Bollinger Bands on the 1-hour level are not expanding, but the fast and slow lines have golden crosses and are still expanding upwards, with no obvious weakening of the volume above the 0 axis. The KDJ three lines have turned and are intent on continuing upwards, including the RSI three lines which are also in an upward phase. Therefore, one can pay attention to the upper breakout of the upper track to the EMA30 resistance. Those with long positions at the bottom can consider holding until this position; if the upper EMA60 and EMA80 are directly broken, it is still possible to continue holding;
The 4-hour Bollinger Bands continue to move downward, and the direction of the three tracks has not changed. Currently, pay attention to the EMA120 and EMA7 overlapping resistance above the K-line. A breakout needs to see the middle track and EMA30 zone; the fast and slow lines also continue to show a closing intention, focusing on the strength below the 0 axis during the approach to the 0 axis and whether the first closing can be successful;
On the daily level, the K-line has broken below the middle track yesterday, and the bullish trend has changed to bearish, with the fast and slow lines once again turning into a death cross expanding downwards. The RSI three lines are moving down, and the KDJ three lines have just formed a three-line crossover downwards, so the short-term trend is still biased towards bearish. The thought can continue to maintain a focus on high shorts, looking for secondary support below 2500 to enter low long positions;
Today's Ethereum short suggestion: short in the range of 2590-2620, stop loss at 2660; target 2540-2470; if it breaks below 2450-2430, it can continue to hold! $BTC $ETH