Ethereum Price Surges Over 200 Points in Wild Evening Rebound

Zhang Lihui's analysis of Ethereum (ETH) on September 12, 2026, highlighted a wild price surge in the evening, exceeding 200 points. This rebound was likely due to liquidating short positions, emphasizing the importance of setting stop-losses.

The 1-hour chart showed an overbought correction trend after the price spiked to 2667 and then pulled back. The KDJ and RSI indicators are crossing downward again, signaling a potential closing of the gap between fast and slow lines.

Zhang Lihui advises traders to be patient and wait for a suitable entry point. Light longs can be placed below 2500 with a stop-loss below 2460, targeting 2550-2610 and potentially continuing up to above 2700 if it breaks 2650-2670.