Analyst Chen Shu: Long at 8.4 with narrow fluctuations, a breakthrough at the key pressure of 11.4 is needed; midnight market analysis / accompanying trading strategy
Market Analysis: In the 4-hour view of Bitcoin, the key short-term pressure level remains at 11.4. Once it breaks through, it will continue to rebound and test the pressure levels of 11.55/11.6. Currently, the willingness to break through seems strong. If the 15-minute MA256 daily moving average stabilizes, it will officially start to rise. For Ethereum, the focus is on the pressure level of 3530. If it breaks through and stabilizes, it will look up to 3580/3670. We still only take long positions and remain bullish; for short positions, wait for a pullback before entering.
Trading Strategy (Published at: 0:00):
BTC: Long at 11.36, add to long on a pullback to 11.3, target 11.58/11.65
ETH: Long at 3460, add to long on a pullback to 3430, target 3530/3600
The daily analysis strategy has a very high win rate! Analysis is not easy, so I hope everyone can give a free follow, save, like, and comment. Thank you all, and feel free to leave a message below for discussion; I will reply to each one!
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