Contract trading is nothing more than two directions, and the first consideration for long and short entry decisions is the overall direction. Following the major trend and taking a reverse position will never be wrong! There are several points to the trading mechanism: do not operate frequently; do not hold positions in two different currencies in the same direction at the same time; the initial position should not exceed 5%, with 1-2 times the opportunity for additional positions reserved; additional positions should not be too close, and adding positions at support and resistance levels will never be wrong. Stop loss is a must for the second break; learn to wait for opportunities, and only with patience can you find the most suitable entry point. It's better to miss out than to make mistakes; after exiting, learn to review and identify the problems and advantages of opening positions; make good use of distributed position building, reducing positions, adding positions, and taking profits; review technical indicators on the market, and look for signals of rebound and retracement; constantly improve and maintain good trading habits, stay away from arrogance and impetuosity, and only by being steady and cautious can you achieve long-term profits in the industry! Li Hui will continue to uphold professional knowledge, meticulous analysis, unique position building techniques, and a calm spirit to assist every coin trader in successfully gaining valuable wealth and continuously realizing their own value in the coin circle! I hope everyone can achieve financial freedom in 2024! Keep it up!

Ethereum market analysis and operational suggestions for July 18th:

The 1-hour Bollinger Bands of Ethereum are slowing down in the downward channel and the coin price has just rebounded after touching the lower rail and EMA80. It is currently approaching the pressure zone between EMA15 and EMA30, with DIF turning upwards and converging with DEA below the 0 axis.

In the 4-hour MACD chart, a high-level death cross has formed and continues to spread downwards, indicating that there is still room below that has not been fully explored. Currently, it has not broken out of the oscillation range. After breaking through the oscillation range below, pay attention to the support between EMA30 and EMA200. If it does not break, you can consider going long. Consider EMA120, EMA80, and EMA60 as support positions for adding positions and defending against additional positions.

It is recommended to go long with 2% in the 3350-3330 retracement range, reserve 4% for adding positions in the 3270-3250 range, and set a stop loss at 3230; take profit at 3390-3430, and continue to look for the previous high near 3510 after breaking through 3440-3470.

For short positions, as with yesterday, pay attention to whether the 3530-3550 level is broken for layout.

For more real-time orders, you can follow the public account under my name to learn about market technical analysis and how to get out of a predicament! Article reviews have delays, and the market changes in an instant, so be sure to set stop loss and take profit and take profits when you see them!

I, Li Hui, interpret world economic news, analyze the global trend of the coin circle, and have in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other currencies while studying in the United States. For those who do not know how to operate, you are welcome to comment and leave a message!

You can follow the author by scanning the QR code below!

This article is exclusively published by (WeChat public account: Zhang Lihui) and does not represent any official position. The publication and review of the article have a time delay. The above points are for reference only, and the risk is at your own discretion! May we always carry humility and courage in this complex and chaotic coin circle, fear no challenges, and dare to explore. Just as the road ahead is long and far-reaching, "I will seek and explore from top to bottom." May we read thousands of books, keep pace with the times, and draw wisdom from the fountain of wisdom. Travel thousands of miles, experience wind and rain, witness the scenery, and understand life. With Li Hui's guidance, may you avoid weaknesses and play to your strengths, and create value together. May we always remember the baptism of the market, not forget our original intentions, and thus achieve lasting success. In the wave of digital currency, holding onto faith and moving forward resolutely with Li Hui, may we create a brilliant future together and share the joy of success. Let us gather in the turbulent world of digital currency, make the most of our time, and create brilliance together. Li Hui is willing to embark on this challenging and opportunistic investment journey with you.

Friendly reminder: The content above is created by the author's public account. The advertisements at the end of the article and in the comments section have nothing to do with the author. Please discern carefully and thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。