Analyst Chen Shu: 8.7 Ether pump follow the pullback to 3730 hold above situation, midday Bitcoin, Ethereum market analysis strategy.

Bitcoin, from the daily chart perspective, closed with a small bullish candle yesterday, keeping the price oscillating between the range of 11.4-11.56. The key resistance level to watch is the MA30 moving average at 11.68, as well as the previous low point of the oscillation at 11.73. The support level to focus on is 11.4. Looking at the 4-hour chart, after breaking through the MA256 moving average yesterday, it is currently retesting the next level without breaking it. During the day, pay close attention to the situation of breaking below 11.4. If it holds above the next level, consider going long for a rebound. On the upside, short positions can be considered in the range of 11.68-11.73, looking for a pullback. Overall, it appears to be in a range-bound oscillation adjustment.

From the daily chart, Ethereum has risen by over 100 points in two days, and the current price is above the daily MA5/10 moving averages. The short-term resistance level to watch is the breakthrough and hold above 3730. The upper resistance zone is in the price range of 3720-3750. If it breaks through and retests without breaking this price range, a short-term rebound can be established to go long, aiming for the 3800 level. On the 4-hour chart, the focus is on whether it can continue to hold above 3680, which is also the support of the MA256 daily moving average on the 1-hour level. If it falls below 3680 on a retest, the rebound will fail again, leading to a return to the lower fluctuation range.

Midday operational ideas (written at: 17:30):

BTC: 11.43 more, pull back to 11.36 to add more, target 11.55/11.65, above 11.68/11.75 short to see a pullback of 2-3000 points.

ETH: over 3650, buy more on the pullback at 3600, target 3700/3750, short positions should follow Bitcoin and consider entering above 3800.

The daily analysis strategy has a very high win rate! Analysis is not easy, so I hope everyone can click to follow, favorite, like, and comment for free. Thank you all, and I welcome everyone to leave a message below for discussion. I will reply to each one #晒出我的Alpha积分# #Gate & WLFI USD1 积分计划将上线# #ETH巨鲸增持# .