June 16th Zhang Lihui: Ethereum 4H Double Top Signal Reappears! Will the Short-term Rebound and Daily Midline Support Stabilize? How to Position ETH Today! #我的Gate交易时刻 #TradFiCFD黄金大师赛 #预测世界杯西班牙VS佛得角 $BTC $GT

Zhang Lihui 168118 Beijing Time June 16, 2026, 6:33 AM Edited: Ethereum Market Analysis and Trading Suggestions:

Ethereum's price continued to break below yesterday and recovered around 1850 in the evening, forming a stagnation. The 1-hour chart shows a double top signal reappearing. For traders who have entered short positions or are trapped, don’t panic. The MACD above the zero line has successfully contracted, the fast and slow lines are forming a death cross, and the KDJ and RSI are crossing downward approaching the oversold area. In the short term, the price will continue to retrace, breaking below the MA450 and midline support, possibly approaching the lower band and MA300 levels!

The 4-hour Bollinger Bands are expanding. Although there is a rebound, the bearish pattern has not dissipated. The chart’s candlesticks also show a double top pattern. The KDJ and RSI are signaling a top reversal. The candlesticks are likely to break below the MA120, approaching the midline and MA60 range. Currently, as the price is near a high level, it’s not recommended to chase long positions. Continue to hold high short positions with small stop-losses! If the price moves up again during the day and breaks the evening high, the next short position target can be adjusted up to the MA220 level!

Today’s Ethereum trading suggestions for long positions:
Point 1: Light long below 1670, stop-loss below 1600, target 1750-1815;
If broken above 1840-1850, hold until above 1905!

Today’s Ethereum trading suggestions for short positions:
Point 1: Light short above 1815, stop-loss above 1850, target 1750-1670!
If broken below 1650, continue to hold!
Specific entry opportunities for shorts can be followed through Lihui’s friends for real-time updates!

Article review and push notifications are delayed; market conditions change rapidly. Specific entry points should be combined with actual trading operations, based on real-time notifications. The suggested levels in the article are for reference only. Do not operate with heavy positions. Use proper stop-loss and take-profit orders, and take profits when the market turns favorable!