Zhang Lihui edited on May 28 at 1:01 AM Beijing time: Today's Ethereum market analysis and trading suggestions:
We can see that the 4-hour candlestick is making its third attempt to break through the 2700-2740 resistance zone. The middle and upper bands are still maintaining an upward posture, and there is continued volume above the zero line. The golden cross is still opening up, so let's be patient and see if the neckline above 2720 can be effectively broken. It is not ruled out that a breakthrough could directly reach the February oscillation high near 2850; despite this possibility, Lihui does not intend for fans to chase long positions at high levels, and hopes everyone does not misunderstand! Fans also know that Lihui's recent strategy has mainly been to maintain short positions during rebounds!
The daily candlestick has broken through the EMA300 level mentioned yesterday. Once this level is broken, there is no need to rush into short positions, as there is definitely a possibility of testing previous highs. Fans with real positions are patiently waiting in cash; the current candlestick continues to rise close to the MA220 level. If this level cannot hold against previous highs, it will move to the MA380 and MA450 range, which is the February oscillation high mentioned earlier. Everyone can take a look at the chart; from the fast and slow lines, there is a tendency to converge, and a rebound is expected to occur. We will only go short when the next divergence appears! As I always say, if you want to pull back, do it early; if not, I will go short when it reaches the level!
Today's short entry suggestion: above 2700, stop loss at 2750, target 2620-2560-2510; if it breaks below 2500, you can continue to hold; if there is a small loss, you can continue to adjust the entry price for short!
For long positions, look for support during significant pullbacks; specific trading opportunities can be consulted with Lihui based on real-time market changes! You can follow Lihui for real-time updates!
There may be delays in article review and push notifications, and the market changes rapidly. Specific entry opportunities must be combined with actual trading operations, with real-time notifications as the standard. The suggested points in the article are for reference only; do not operate with heavy positions. Please set stop-loss and take-profit levels when entering, and take profits when favorable!
I, Lihui, interpret world economic news and analyze global cryptocurrency trends. During my studies in the U.S., I conducted in-depth research on cryptocurrencies such as BTC, ETH, LTC, DOT, EOS, BNB, and SOL. I welcome comments and messages from those who are not familiar with trading!
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This article is exclusively published by (WeChat public account: Zhang Lihui) and does not represent any official position. There may be delays in article publication and review; the above points are for reference only, and risks are borne by the reader! May we always carry humility and courage in this complex cryptocurrency world, unafraid of challenges and daring to explore. Just as one travels thousands of miles, "the road is long and has no end; I will seek up and down." May we read thousands of books, keep pace with the times, and draw from the fountain of wisdom. Travel thousands of miles, experience wind and rain, witness the scenery, and gain insights into life. May you, under Lihui's guidance, receive advice and create value together by leveraging strengths and avoiding weaknesses. May we always remember the baptism of the market, stay true to our original intentions, and achieve our goals. In this wave of digital currency, let us hold onto our beliefs with Lihui, remain resilient, and forge ahead. May we, hand in hand, compose a brilliant future together and share the joy of success. Let us gather in the dynamic world of digital currency, not waste our youth, and create brilliance together. Lihui wishes to embark on this investment journey filled with challenges and opportunities with you.
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