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Analyst Chen Shu: 7.17 short-term pullback follow the strength of the continuous pullback, midnight market analysis / attached trading strategy
Market Analysis: The daily candlestick for Bitcoin currently shows a small red K-line, with prices oscillating around the MA5 moving average at the 11.85 level. In the 4-hour view, the current price has risen above the MA30 moving average at 11.84; we need to follow whether it can maintain this level. For Ethereum, it has risen again today, reaching a peak of 3265. In the 4-hour view, it is moving upward along the MA5 moving average. If there is a pullback but does not break below the 1-hour MA10 moving average, it will continue to maintain a bullish trend.
Trading Strategy (Published at: 00:20):
BTC: 11.77 long, add long at 11.68 on pullback, target 11.85/11.95, 12.05/12.2 short looking for a pullback of around 2-3000 points.
ETH: over 3180, add long positions on a pullback to 3130, target 3230/3260, short positions in sync with Bitcoin.
Daily analysis strategy has a very high win rate! Analysis is not easy, so I hope everyone can click on a free follow, collect, like, and comment. Thank you all, and I welcome everyone to leave comments for discussion below; I will reply one by one! #Gate 2025 Q2报告出炉# #CPI数据来袭# #山寨季何时到来?#