Zhang Lihui, edited at 2:25 AM Beijing time on May 30: Today's Ethereum market analysis and trading suggestions:
The plot repeats itself; currently, Bitcoin continues to pull back, while Ethereum shows signs of rebound demand again. The evening K-line has pulled back to the 4-hour EMA30, which is at the 2620 position, and is currently testing the mid-line position during the rebound. After breaking through, we need to see the first parallel resistance level above 2700, with the previous high position still serving as support. Therefore, today we still need to watch whether the EMA30 can be pierced; if it breaks, the bearish target can be aimed at the position where EMA60 coincides with the lower track. Further down, we have the EMA80 and MA120 coinciding, which also aligns with the daily mid-line position. If this third support cannot hold, it will definitely break down to 2500 and the EMA120 position. From the fast and slow lines, we can see that the convergence has already formed, with the top divergence continuing, and a death cross is expected to occur! The strategy remains unchanged, maintaining a primary focus on shorting during rebounds.
Today's short entry point suggestion: Light short above 2700, add positions above 2750; stop loss at 2790, targets at 2630-2590-2555; if it breaks 2550-2530, you can continue to hold.
For long positions, look for support during significant pullbacks to enter; specific operational opportunities can be consulted based on real-time market changes! You can follow Lihui for real-time updates!
There may be delays in article review and push notifications; the market changes rapidly, and 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 large positions. Please set take-profit and stop-loss 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 Official 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 search 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 scenery, and gain insights into life. May you, under Lihui's guidance, learn from each other, leverage strengths, and create value together. 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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