Empty talk and paper talk are things that everyone can do, there are not so many "ifs", and there are no "what ifs"! There's no need to regret missed opportunities! From now on, you must take this market seriously! Li Hui will continue to uphold professional knowledge, meticulous analysis, unique position-building techniques, and the spirit of staying calm in the face of danger to help every coin trader successfully gain valuable wealth and continuously realize their own value in the coin circle!
The Ethereum market yesterday was really easy to trade. Friends who have been following me know that Ethereum's post-holiday high-short layout has achieved 3 consecutive wins. After yesterday's article, the layout was short at 3075 and took profit at 3030. The market pulled back above 3115, and another high-short layout was made, taking profit at 3010, gaining a total of more than 150 points! Li Hui has said many times that the current major trend of the coin price is a bearish trend that cannot be reversed. I have also mentioned multiple times that the 4-hour moving average is dense, indicating a big short. This is just the beginning, so please watch carefully!
Ethereum market analysis and operational suggestions for May 8th:
Looking at the 4-hour chart, after the price retraced to 3024 in the early morning and rebounded to around 3130, it failed to break through the EMA120 moving average and then retraced significantly, perfectly matching the expected high-short layout. Also, the current price is approaching the 3000 mark, KDJ is turning at the bottom and has not successfully continued to spread downwards, MACD's energy below continues to strengthen, and DIF deviating from DEA has officially entered a negative value state. Li Hui has repeatedly said that yesterday's obvious stretching is a long position absorption, especially when there is no obvious signal of a rebound in the indicators and the main force continues to release good news, so you must be cautious! This is also the consistent operation of the G fund to lure long positions!
Daily chart analysis shows that the price has continuously crossed below various moving averages from the EMA60 of the previous day and this morning it has come below the EMA120. As I mentioned the day before, the price has had 4 consecutive gains, and there is not much room above 3195, so I started to layout shorts above 3195. Looking at KDJ, after the three lines crossed, it continues to spread downwards, MACD's energy above the zero axis has significantly decreased, and the distance between DIF and DEA continues to narrow, about to form a dead cross, which is also a bearish signal. Once formed, the price will continue to maintain a bearish trend for several days! Based on the above indicators, you can continue to maintain a high-short operation! Target the low point range in 2-3 days.
Operational suggestion: Pay attention to shorting if the upper range of 3030-3060 is not broken, stop loss at 3075; take profit at 2970-2930, and continue to hold if it breaks below 2920 to the 2820 position. If it breaks below 2815-2800, you can continue to hold again! I would like to reiterate that the entry point for long positions needs to be based on real-time market data for layout! Do not operate blindly! Especially in such a major trend, be cautious about getting trapped!
Article reviews have delays, and the market changes rapidly. For more real-time orders, please follow my public account to obtain them. When entering the market, strictly set stop-loss and take-profit points, and take profits when the opportunity arises!
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 during my study and further education in the United States. For those who do not know how to operate, 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 Li Hui) and does not represent any official position. The article review has a time delay, and the above points are for reference only. The risk is at your own discretion! May we always carry humility and courage in this complex coin circle, fear no challenges, and dare to explore. Just as the road is long, "the road 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. Travel thousands of miles, experience storms, witness the scenery, and understand life. May you, under Li Hui's guidance, heed advice, 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 with Li Hui, being steadfast, and forging ahead. May we jointly create a brilliant future and share the joy of success. Let us gather in the turbulent world of digital currency, live up to the prime of life, and create brilliance together. Li Hui is willing to embark on this challenging and opportunistic investment journey with you.
Friendly reminder: Only the public account is created by the author. The advertisements at the end of the article and in the comment 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。
