11.11 Zhang Lihui: Bitcoin R skills fully unlocked, will Ethereum continue to see a rebound? Where are the entry opportunities today? Latest Ethereum (ETH) market analysis reference!
After waiting for two days, Ethereum still hasn't provided a significant pullback opportunity. This weekend is different from previous ones, continuously recovering; the 3200 mentioned by Lihui on the 8th has also arrived;
Intraday, a high of 3236 was reached, forming a short pullback. We can see that after the hourly chart touches the lower track, it bounced back up to operate above the middle track. From the EMA moving average perspective, it is still a bullish arrangement. Although there is an increase in volume below the 0 axis in MACD, and a dead cross at a high level is opening up, the price adjustment is still very slow. The market seems to want to provide a pullback opportunity, so if the K-line pierces the lower track and EMA15, consider entering at the EMA30 position;
The 4-hour Bollinger Bands are still trending upward, with the lower track rising close to 3000; the middle track coincides with EMA10 and forms support with EMA7. A pullback here is also a perfect point to build long positions, consistent with the 1-hour EMA30; for defense, consider the position below EMA15;
In the daily chart, looking at the straight pressure from the pullback, the K-line has effectively stood above the 3100 position, so we can look towards the vicinity of the high point on July 31, which is around 3330; don’t think it’s too far, the upper track is approaching, and the K-line will likely follow closely behind; there is still a strong volume above the 0 axis in MACD, this golden cross opening is indeed frightening, but Lihui believes this is just the rebound that the second-tier coins should have, and many coin friends have probably criticized it for a long time, but this time it has really strengthened!
In summary, Lihui believes that the rebound space still exists; it is best to enter at lower positions during pullbacks; for short positions, testing should still be conservative, and entry opportunities need to be combined with real-time market changes before laying out strategies. Specific operations will be based on Lihui's real-time notifications!
On November 11th at 0:48 Beijing time, edited: it is recommended to lightly go long in the 3130-3160 range during the pullback, with a stop loss at 3080; the target is at 3260-3320. If it breaks above 3330-3350, you can continue to hold until near 3480, which is near the high point on July 24;
The article review push has a delay, and the market changes rapidly. Specific entry opportunities must be combined with actual operations, based on real-time notifications. The suggested points in the article are for reference only; do not operate with heavy positions. Please ensure proper take profit and stop loss when entering, and take profit when it’s good! #BTC突破8W大关 #Solana涨势分析 #BTC☀ #ETH🔥🔥🔥🔥 $BTC