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Analyst Chen Shu: Pay attention to the 11.8 resistance level during the 7.27 range fluctuation adjustment, midday Bitcoin and Ethereum market analysis strategy.
Bitcoin, from the daily chart perspective, is currently oscillating around the daily MA5/10 moving average level. Attention is on whether it can break through and stabilize above this level. The 4-hour level has reached the MA60 moving average resistance level at 11.81. Previously, after breaking through this level, it fell back again. Watch to see if this breakout can confirm the validity of this position with a retest. At the 1-hour level, it has also reached the MA256 moving average resistance level, focusing on whether it can break through the 11.82 resistance level with increased volume.
Ethereum, from the daily chart perspective, has seen the short-term price return above the MA5/10 day moving averages. Follow whether there is still a risk of a decline below this line, specifically below the 3715/3700 line. If it falls below this line again, the short-term will be trapped in weak fluctuations. The short-term support to watch is the 4-hour MA60 day moving average at 3670. Yesterday, it tested this line and held, beginning to rebound upwards. During the day, pay attention to the situation of gains and losses at this line.
Midday operation strategy (writing time: 14:30):
BTC: 11.85 short, 11.95 add short, target 11.75/11.68; 11.7/11.62 look for a rebound of around 2000 points.
ETH: Short at 3790, add to short at 3830, target 3750/3700; Long at 3700/3660, look for a rebound of 5-80 points.
Daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can click a free follow, bookmark, like, and comment, thank you all, and feel free to leave comments below for discussion, I will reply one by one #余币宝年化收益破24%#