9.25 Zhang Lihui: Ethereum's ups and downs are unexpected, short-term shorts retrace and continue to be bullish! Where are the key positions for low and high today? The latest Ethereum (ETH) market analysis and operation suggestions #AI概念币普涨 #新币挖矿已上线HMSTR #ETH🔥🔥🔥🔥 #ETH🔥🔥🔥🔥🔥🔥 Yesterday's Ethereum market was unexpected again. The short-term indicators were obviously strong, but there was still no breakthrough. The retracement space was quite positive, but Lihui also mentioned before that since it retraced, it gave a long opportunity!
In the current 1-hour chart, the Bollinger Bands open downwards again, and the K-line inserts EMA80 for testing. If the market falls very slowly, then the support below can be seen from the EMA120-EMA160 range support, and you can take more. Continue to pay attention to the strength of the retracement after the current death cross;
The 4-hour Bollinger Band channel is about to form a parallel trend, but the upward posture of the middle track has never changed. Although the market has not given a large retracement after the fast and slow lines cross, the short-term and medium-term indicators can see that EMA60, 80, 120, and 200 are all in a rising posture, indicating that there is still room above. In the short term, pay attention to the intersection support of EMA30 to EMA250 and the lower track;
Combining the above indicators, Li Hui recommends that the operation strategy is still based on retracement low and long, and the interval does not break the high position to take short!
Li Hui suggested a light long position near the 2580-2550 range during the correction; reserve the 2480-2500 range for replenishment below, stop loss at 2460, and target at 2630-2680; if the 2690-2710 range is broken, it can continue to hold until near the 2800 position;
If the 4-hour upper track is not broken, you can consider a short entry, and you can consider entering the market in the 2690-2660 range, with a target of 50-70 points;
There is a delay in the review and push of the article, and the market is changing rapidly. The specific entry opportunity must be combined with the actual operation, subject to real-time notification. The recommended points in the article are for reference only. Do not operate with heavy positions. Please bring a stop-profit and stop-loss when entering the market, and stop when you see good results!