6.28 Zhang Lihui: Bitcoin continues to be hindered by the previous high point! Ethereum's narrow fluctuations are indeed holding back a big move? Today's (ETH) latest market analysis and trading reference! #加密市场回调 #BTC走势分析 #BTC #EarnFreeCrypto2024 #ETH🔥🔥🔥🔥🔥🔥 $ETH

Ethereum's market encountered resistance at the upper Bollinger band last night, returning after touching the MA220 position, intending to rebound again. Currently, it is challenging the middle band and the intraday high point pressure. Although the fast and slow lines have crossed negatively, there isn't much room for a significant pullback. The volume after the death cross opening is also very weak. It is recommended to continue reducing short positions and wait for the lower support to be gradually broken; it can be seen that the lower band is still trending downwards, and there is no obvious intention to close upwards, indicating that there is still room below. Moreover, the upper band is also being pushed lower. Now it is just a matter of patience, continue to pay attention to whether there are any breakout signals at the intersection of the MA180 and MA120 below the K-line;

The 4-hour Bollinger Bands are narrowing, especially the upper band is under significant pressure, so the bullish space everyone is predicting is not very large. The current K-line is also hindered above the middle band and has not stabilized at the middle band, but the lower band is also not trending down. The volume below the zero axis after the fast and slow lines cross negatively is very weak. Additionally, with this lower band closing, this weekend may continue to maintain a narrow range of fluctuations. Continue to pay attention to whether the lower band and the MA380 range can provide secondary support, then consider entering long positions; if it breaks strongly, then the next position would be the MA450 position, currently at 2267, which seems a bit far, but we cannot doubt that the main force is holding back a big move; thus, we still pay attention to the upper band and the overlapping resistance of EMA120 and EMA180, which is close to yesterday's high point;

Today's Ethereum recommended short entry point: short above 2455, stop loss at 2490; target 2410-2380; if it breaks, consider holding to the 2370-2350 area, and continue to hold until near the 2300 position;

Today's Ethereum recommended long entry point: long below 2380, stop loss at 2330; target 50-70 points; specific operations need to be adjusted according to real-time market changes, and you can follow Lihui for real-time updates!

There is a delay in article review and push notifications. The market changes rapidly, and specific entry opportunities must be combined with actual operations. Real-time notifications take precedence. The recommended entry points in the article are for reference only; do not operate with heavy positions. Please bring your take profit and stop loss when entering, and take profit when you see gains!