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Analyst Chen Shu: Waiting for the market to give direction in the 7.30 range oscillation, midday Bitcoin and Ethereum market analysis strategy.
Bitcoin, from the daily chart perspective, formed a small doji bearish candle yesterday, closing below the MA5/10-day moving average. Today, continue to pay attention to whether the price can regain support above 11.83. Looking at the 4-hour chart, the short-term has seen consecutive red K-lines, with the price currently above the MA120-day moving average at 11.8. Focus on whether it can consistently hold above 11.8 in the future. On the 1-hour chart, the recent price has been oscillating around the 1-hour MA256-day moving average at 11.8, with short-term attention on whether it can hold the support at 11.8.
From the daily chart of Ethereum, yesterday's green doji candle price once again maintained above the MA5 daily moving average, and it pulled back to the MA10 daily moving average without breaking it. In the short term, continue to pay attention to the support at the 3800/3760 level. Looking at the 4-hour chart, the price has again pulled back to the MA60 daily moving average without breaking it, and currently, it has been continuously closing red K-lines. Pay attention to the resistance levels at 3860/3880.
Midday operation strategy (writing time: 15:30):
BTC: 11.85 short, add short at 11.9, target 11.75/11.7; consider long position at 11.7/11.6.
ETH: Short at 3830, add to short at 3880, target 3760/3730; consider long positions below 3700.
Daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can click for a free follow, collect, like, and comment. Thank you all, and feel free to leave comments below, I will reply to each one #Alpha 积分系统上线# #以太坊十周年# #ETF实物申购赎回#