Analyst Chen Shu: On July 28, the short-term strength will once again focus on the gain or loss at the $120,000 mark, midnight market analysis / with trading strategy attached.

Market Analysis: The daily chart of Bitcoin shows that the current price has once again reached above the MA5/10 daily moving average. We should follow whether it can hold above the line of 11.85. If it can hold, then in the short-term it may strengthen again to test the resistance levels of 120,000/121,000. In the short-term, we will first focus on the breakthrough situation of the resistance levels at 120,000/121,000. As for Ethereum, looking at the daily chart, it has currently closed with a small bullish candle, and the price is fully above the MA5/10 daily moving average. The short-term resistance level to watch is the previous high of 3857, while the support level to watch is whether the MA5/10 daily moving average on the 1/4 hour chart is breached.

Trading Strategy (Posted at: 01:00):

BTC: 11.85/11.76 long, target 11.95/12.05; short positions consider short-term operations around the 12.1 line.

ETH: 3800/3750 more, target 3850/3900; short position follows Bitcoin sync

Daily analysis strategy has an extremely high win rate! Analysis is not easy, I hope everyone can give a free follow, favorite, like, and comment, thank you all, and I welcome everyone to leave comments below for discussion, I will reply one by one!