Analyst Chen Shu: Short-term surge to 11.4 on 9.11, continue to short and look for a pullback, midnight market analysis / with trading strategy

In the evening, a short position strategy at the current price of 11.41/4435 was given, with target profits held!

Market Analysis: Bitcoin's daily line surged to the MA30 moving average at 11.33, reaching a high of 11.43. If it stabilizes above 11.32 in the short term, it could rise to 11.53. On the 4-hour chart, it clearly encountered resistance at the MA256 moving average at 11.4, where a bold short position can be taken; for Ethereum, the daily line surged to the MA30 moving average at 4430. This position is suitable for entering a short position, and on the 4-hour chart, the MA120 moving average resistance is also at 4435, looking for a pullback at this position.

Trading Strategy (Posted at: 00:30):

BTC: Short at 11.4, add to short at 11.5 on rebound, target 11.26/11.2; look for a 1-2000 point rebound on the long side at 11,000/10.9.

ETH: Short at 4430, add to short at 4480 on rebound, target 4360/4310; look for a 6-100 point rebound on the long side at 4270/4220.

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

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