Analyst Chen Shu: Pay attention to the support at 11.5 for the pullback after the high of 7.30, midnight market analysis / with trading strategy.

Market analysis: The daily chart of Bitcoin currently shows an inverted hammer with the price breaking below the MA5/10 day moving average. If the downtrend continues, the next support to focus on is the MA30 day moving average at the 11.5 level, which is also the previous low point during the earlier decline. On the 4-hour chart, it has currently broken below the MA120 day moving average at the 11.78 level. If it cannot return above the 11.78-1182 level, it will likely retest the 11.5 low point in the short term. Regarding Ethereum, the daily chart shows another inverted body candle, with the price currently touching the MA10 day moving average at the 3750 level. Pay attention to the situation around 3750, as this level is also the support of the MA60 day moving average on the 4-hour chart. For short-term support, first monitor the effectiveness of the MA256 day moving average at the 3720 level on the 1-hour chart.

Trading Strategy (Published at: 00:30):

BTC: Short at 11.8/11.9, target 11.7/11.6; buy at 11.5 below and look for a rebound of 2-3000 points.

ETH: Short at 3780/3850, target 3700/3660; looking to long at the 3680/3600 line for a rebound of 60-100 points.

Daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can click to follow, collect, like, and comment for free. Thank you all, and feel free to leave comments below for discussion, I will reply one by one! #Gate ETH十周年理财专区# #USD1理财年化达24%# #中美经贸会谈#