4.28 Zhang Lihui: Ethereum breaks previous high and rapidly retreats, beware of rebound traps? Today's (ETH) market analysis and trading reference! #特朗普暂停新关税 #ETH #ETH走势分析 #ETH🔥🔥🔥🔥🔥🔥 #BTC走势分析 $ETH
Ethereum broke through 1857 in the morning and quickly retreated. This wave of breaking the previous high has likely caught many off guard, but Lihui's bearish outlook remains valid. In the evening, it continued to adjust to the 1-hour EMA80, forming a consolidation. Currently, it is under pressure from the middle track and EMA30 position, while the lower track continues to extend downward to the EMA80 position. After the fast and slow lines crossed, the opening continued, and there is an ongoing increase in volume below the zero axis, indicating that the bears intend to continue;
The 4-hour moving average bearish arrangement continues, considering EMA300 as resistance at the top. This can serve as an entry point for short positions after a breakout. The current Bollinger Bands channel maintains parallelism, with the upper track reaching 1820, and this position can be used for entry during the day; the lower breakout position needs to be monitored at the lower track and EMA30 range, while the bottom considers the support from EMA60, EMA80, and EMA120 three lines. If these three lines break, a significant bearish trend may follow; the fast and slow lines continue to cross, maintaining the bearish outlook for rebounds;
Today's suggested short entry point: continue to test short positions lightly above 1820, with stop-loss above the previous high unchanged, targeting 1785-1725; if it breaks the 1720-1700 level, you can continue to hold! If stop-loss is triggered, you can continue to adjust the opening price upward, and chasing longs is not recommended!
There is a delay in article review and push notifications, and market conditions change rapidly. Specific entry opportunities should be combined with real-time operations, based on real-time notifications. The suggested entry points in the article are for reference only; avoid heavy operations. Please set take-profit and stop-loss when entering, and take profits when they are favorable!