Analyst Chen Shu: After a high of 95, the short-term market has fallen again, focusing on the gains and losses around 110,000. Midnight market analysis / with trading strategy

Market Analysis: The daily line of Bitcoin has once again closed with a bearish candle, with the price breaking below the MA120 daily moving average. In the short term, the key focus is whether it can return above 110,000. If it cannot stabilize above 110,000, the short-term trend will continue to decline and test the support at the 107,000 level again. As for Ethereum, the daily line has currently broken below the MA30 daily moving average at the 4380 level. The 4-hour market is quite volatile and will again pull back to test the low support at the 4270 level. If it cannot return above 4380, it will revert to a bearish trend.

Trading Strategy (Published at: 00:30):

BTC: Short at 10.98, add to short at 11.07 on rebound, target 10.85/10.75; look for a 1-2000 point rebound on long at 10.8/10.7

ETH: Short at 4350, add to short at 4420 on rebound, target 4300/4260; consider short-term long at 4180/4100

The daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can give a free follow, save, like, and comment. Thank you all, and feel free to leave comments below; I will reply to each one!

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