12.12 Zhang Lihui: Is Ethereum breaking pressure turning into support? Where do the bulls see their targets? Where are the short selling entry opportunities today? #加密市场反弹 #BTC重返10万
12.12 Zhang Lihui: Ethereum market analysis and operational suggestions:
Ethereum has ultimately stood above the 4-hour MA60 line, so the next pressure point is at MA30. However, the current upper band of the Bollinger Bands has already crossed above MA60, which does not rule out the possibility of the bulls continuing to push higher. If a breakthrough occurs, we can continue to adjust the short entry point, which can be placed at the Fibonacci retracement line pressure at 3960; therefore, today's upward attack and subsequent targets can be placed at the middle band, with the current position at 3702. It is currently in a rising pattern and may continue to move upward; the MACD continues to expand above the 0 axis, and the golden cross is still open, so we will continue to wait for the short-term bulls to complete their entry;
On the daily level, the Bollinger Bands are still upward, and the current K-line is breaking the middle band aimed at the 4-day high point, which is very close, and it is highly likely to surge to the vicinity of the 5-day high point; however, the fast and slow lines in the MACD are still in a death cross, and there is a slight convergence, which does not rule out the presence of shorts. It is not recommended to chase long positions at the current location; continue to wait for high shorts to test positions, and when the support does not break on the pullback, we can also look at the layout of Ethereum's position when Bitcoin approaches the 104000 level!
On December 12 at 6:03 AM Beijing time, the editor suggests shorting in the 3920-3960 range, with a stop loss of 30 points; targets look at 3810-3720; if it breaks below the 3710-3680 range, it can continue to be held;
Long positions need to pay attention to the 3680-3710 range not breaking to enter, and specific entry opportunities can be notified by Lihui in real-time!
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