AnalystChenShu
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Analyst Chen Shu: Pay attention to the pullback strength after the high volatility and stagnation at 7.19. Midday analysis strategy for Bitcoin and Ethereum market.



The analysis article at midnight yesterday suggested a long position for Ethereum at 3515/3450. The market successfully provided an entry opportunity, with the long position achieving a maximum profit of over 100 points. Congratulations to those who followed.

Bitcoin from the daily chart perspective, yesterday closed with a green K-line and currently, the MA5/10 day moving averages are about to converge. In the short term, focus on the gains and losses around 11.8. Looking at the 1-hour chart, the short-term is currently maintaining a high-level consolidation, with upward momentum slightly lacking to break new highs. In the short term, first pay attention to the breakout direction of the range 11.88-11.66. If it retraces without breaking the support of moving averages at all levels, the bullish trend remains. Conversely, look for a correction.

From the daily chart, Ethereum has once again closed with a bullish candle yesterday, and the daily level still maintains a strong one-sided upward trend. Short-term support should focus on the pullback to the daily AM5/10 moving averages. Looking at the 4-hour chart, the current price is oscillating around the MA5/10 moving averages after a corrective pullback. Pay attention to the situation of the short-term small support at 3550.

Midday operational thoughts (writing time: 14:00):

BTC: The fluctuation on Saturday was minor, treating it as a high sell and low buy in the range of 11.88-11.75. Tomorrow's article will provide trend analysis.

ETH: Treat with high selling and low buying in the range of 3550-2640

Daily analysis strategy has a high win rate! Analysis is not easy, I hope everyone can click to follow, collect, like, and comment for free. Thank you all, feel free to leave messages below for discussion, I will reply one by one #ETH突破3600# #特朗普施压鲍威尔# .
BTC0.09%
ETH0.87%
MA10.64%
TRUMP8.79%
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