Analyst Chen Shu: 3.24 Afternoon Bitcoin and Ethereum Market Strategy Report, Price Breaks Key Resistance Level Looking at 8.9 High Point

From the daily chart of Bitcoin, yesterday closed with a solid red K-line, and today the daily line has broken above the MA30 moving average. Pay attention to whether it can hold this line at 8.57 during the day; on the 4-hour chart, with consecutive red closes, a rising trend has formed. The upper resistance level refers to the MA256 moving average, which is the breakthrough test situation at the 8.91 resistance level. In terms of operation, it is recommended to change the strategy to first buy on the dip and look bullish.

From the daily chart of Ethereum, the daily resistance level focuses on the MA30 moving average at the 2120 level, paying attention to whether the price can break through and test the next resistance level. At the same time, on the 4-hour level, as the MA120 moving average continues to decline, the resistance level has turned into support. Pay attention to whether this support is effective at the 2000 level.

Afternoon Operation Strategy (Written at: 13:30):

BTC: Buy at 8.62, add to the position at 8.55 on the dip, target 8.8/8.9; above 8.9/90k range, small stop-loss attempt to short, looking for a 2-3000 point pullback.

ETH: Buy at 2015, add to the position at 1980 on the dip, target 2100/2130; above 2120/2150, small stop-loss short.

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; I will reply to each one!

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