Zhang Lihui, edited at 6:05 AM Beijing time on July 10: Ethereum market analysis and trading suggestions:
Rather than rushing, it’s better to understand the words of the King: after the Federal Reserve's interest rates were deemed too high by 300 basis points, the long-suppressed Bitcoin quickly broke through the $110,000 resistance level, reaching a new high. Ethereum has stretched to the weekly target MA60 position as expected. Lihui mentioned on the 6th and yesterday that as long as it breaks 2635, it will reach 2700-2800!
Continuing to look at Ethereum's 4-hour K-line, it is approaching the 2800 position in the early morning. This is also what Lihui emphasized yesterday: breaking the daily MA300 will lead to MA380 and MA450 positions. The current K-line has slightly retreated to the neck line of the May oscillation high. It is recommended to continue entering with light long positions, with the stop loss set below the daily MA380 position. If it breaks, it needs to be adjusted down to the MA300 position, and the bottom support is still considered at the daily mid-track position. From the current bullish momentum, a short-term pullback is unlikely to be too large. The 4-hour golden cross opening is still continuing, with strong incremental volume above the 0 axis; this is also true at the daily level, where the underwater low position golden cross opening continues, with volume still increasing above the 0 axis. From the upward posture of KDJ and RSI, the bulls have not yet finished. We continue to look at the upper track of the weekly chart and the breakout of the June 11 high point range. In such a situation, excessive analysis is meaningless; just enter on the pullback with low long positions, maintain good defense, and do not go against the trend in a big trend, as it can lead to quick losses!
Today's Ethereum suggested long entry point one: light long below 2745; stop loss at 2690; target 2810-2870; if it breaks above 2880, you can continue to hold;
Today's Ethereum suggested long entry point two: long below 2650, stop loss at 2605; target 2700-2810-2870; if it breaks above 2880, you can continue to hold;
Be cautious with short entry opportunities; aggressive traders should participate in short positions quickly in and out. Specific entry opportunities need to be adjusted 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, based on real-time notifications. The suggested entry points in the article are for reference only; do not operate with heavy positions. Please set take profit and stop loss when entering, and take profits when they are good!
I, Lihui, interpret world economic news and analyze the major trends in the global cryptocurrency market. During my studies in the U.S., I conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other cryptocurrencies. For those who are unsure about trading, feel free to comment and leave a message!
Scan below to follow the author and add Lihui for more daily real-time strategies and free solutions!
This article is exclusively published by (WeChat public account: Zhang Lihui) and is for reference only; risk is borne by the reader. May we remain humble and brave in the complex cryptocurrency world, unafraid of challenges and willing to explore. As the saying goes, "The road ahead is long and has no ending; yet high and low I'll search with my will unbending." I hope we keep pace with the times, absorb wisdom, travel thousands of miles, weather storms, and gain insights into life.
May you, under Lihui's guidance, leverage your strengths and avoid weaknesses, create value, and remember the market's baptism, staying true to your original intention. In the wave of digital currency, may we hold onto our beliefs, forge ahead, and together compose a brilliant future, sharing the joy of success. Let us work hand in hand to create brilliance in this investment journey full of challenges and opportunities!
Warm reminder: The above content is solely created by the author’s public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. 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。
