Analyst Chen Shu: Successful profit from long positions at 6.9, focus on the 10.66 resistance level, midnight market analysis/attached trading strategy

The midday article strategy suggested going long on Bitcoin at 10.5 and Ethereum at 2500/2460. The market pullback provided an entry opportunity, and Bitcoin was bought at the key point, resulting in a successful profit of 1000 points. Congratulations to those who followed the operation.

Market Analysis: Bitcoin is currently forming a small red candlestick, with the price rebounding to the daily MA30 moving average at the 10.58 level. It is important to monitor whether it can successfully stay above this level. On the 4-hour chart, there are currently 2 red candlesticks, with the key resistance level being the MA120 moving average at the 10.66 level. For Ethereum, the daily fluctuations are small and still under pressure from the MA30 moving average. Pay attention to the breakout situation at the 2550 resistance level. On the 4-hour chart, it is still under pressure from the 2540-2570 price range, so focus on whether the upper resistance level can be broken.

Trading Strategy (Published at: 00:30):

BTC: Long at 10.55/10.47, target 10.65; short at 10.66/10.7 for a small pullback. ETH: Short at 2540/2570, target 2500; look to go long near 2500/2460, aiming for 2550.

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 comments below; I will reply to each one!

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