Analyst Chen Shu: Focus on the closing situation of today's daily chart at the high level of 7.21. Midday Bitcoin and Ethereum market analysis strategy.



Bitcoin, from the daily chart perspective, closed with a green candlestick yesterday, with the price dropping below the MA10 moving average. During the day, pay attention to whether the price can consistently stay above 11.8. If it can hold, it will maintain a high-level sideways trend in the short term; conversely, the daily level may show a slight pullback trend. The MA256 moving average on the 1-hour level also needs to be monitored for gains and losses.

Ethereum, from the daily chart, continues to maintain an upward trend with the resistance level to focus on being the 4000 USD mark. Remain bullish until a clear continuous pullback trend emerges. For short-term support, pay attention to the 4-hour MA5/10 daily moving averages and the 1-hour MA5/10 daily moving averages.

Midday operation strategy (written at: 14:00):

BTC: 11.8 long, retrace to 11.7 to add longs, target 11.9/12; short at 12/12.1 looking for 2-3000 points.

ETH: over 3730, add long positions on a pullback to 3680, target 3780/3830, short positions can follow Bitcoin accordingly.

The daily analysis strategy has an extremely high win rate! Analysis is not easy, so I hope everyone can click to follow, bookmark, like, and comment for free. Thank you all, and feel free to leave a message below for discussion; I will reply to each one #以太坊突破3700# #山寨币爆发# #NFT市场回暖# .
BTC-0.28%
ETH-1.91%
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