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Analyst Chen Shu: 8.6 Yesterday's short order profit continued to short on the intraday rebound, midday Bitcoin and Ethereum market analysis strategy.
Yesterday's midday article provided a shorting strategy for Ethereum at 3675, with a short order entry at 11.46. The short order successfully entered and hit the take profit level, yielding a profit of 1800/100 points. Congratulations to those who followed the operation.
Bitcoin, from the daily chart perspective, closed with a lower shadow green K-line yesterday. The price rebound has not broken through the previous high point of the consolidation. The price has once again pulled back below 11.3. In the short term, attention should be paid to the fluctuation results in the range of 11.5-11.4. The support below still focuses on the MA60 daily moving average at 11.16. On the 4-hour level, the focus is on the MA256 daily moving average at 11.38 for fluctuation gains and losses, and it is expected to continue to fluctuate and adjust around this line. On the 1-hour level, attention should be paid to the breakout direction of the triangular fluctuation area, with the upper and lower bounds of the triangular fluctuation area still being 11.28-11.43.
From the daily chart of Ethereum, the price yesterday temporarily broke below the daily MA10 moving average, and the current price is fluctuating and adjusting before the MA5-10 moving averages. The key resistance level to watch above is around 3750. It is difficult to reverse the trend before it breaks through and stabilizes above this level. Additionally, the trading volume in the past two days has not followed the price increase, making the probability of short-term fluctuations or even a downward trend greater. The rebound is treated as a downward continuation, and in the 4-hour timeframe, short-term operations are based on the range of 3650-3550.
Midday operation strategy (writing time: 14:30):
BTC: 11.42 shorting, Rebound 11.48 add to short position, target 11.35/11.3, below 11.28/11.2 light position for long to see a rebound around 2000 points
ETH: Shorting at 3650, add to short order at rebound 3680, target 3600/3560, long order synchronized with Bitcoin.
The daily analysis strategy has a very high win rate! Analysis is not easy, so I hope everyone can give a free follow, collect, like, and comment. Thank you all, and feel free to leave comments below for discussion; I will reply one by one #Gate ETH 挖矿年化收益 5%# #晒出我的Alpha积分# #加密IPO热潮#