Analyst Chen Shu: The rebound on June 26 continues to focus on the strength of short-term pullbacks, midnight market analysis / accompanying trading strategy.

CN
12 hours ago

Analyst Chen Shu: June 26th rebound continues to focus on short-term pullback strength, midnight market analysis / accompanying trading strategy

Market Analysis: Bitcoin continues to rebound during the day, surging towards the 10.8 high point. Currently, it seems to be stabilizing above the MA30 daily moving average at 10.55. If a short-term pullback occurs, pay attention to the support situation in the 10.6-10.55 price range, while the resistance level can be referenced at the previous high of 10.9. As for Ethereum, the daily line is currently forming a small bearish candle, with the price still above the MA60 daily moving average at 2400. Pay attention to the gains and losses around 2400. On the 4-hour level, it is currently under pressure from the MA60 daily moving average at 2440, with support below at the MA30 daily moving average at 2350. On the 1-hour level, it is clearly under pressure from the MA256 daily moving average at 2450.

Trading Strategy (Published at: 00:30):

BTC: Short at 10.8, add to short at 10.9, target 10.7/10.6; look to go long at 10.57/10.5 based on yesterday's 2000-point rebound.

ETH: Short at 2460, add to short at 2520, target around 2400, long positions to follow Bitcoin synchronously.

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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