Analyst Chen Shu: The strategy on July 8 successfully profited, analysis and strategy for Bitcoin and Ethereum market at noon.

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10 hours ago

Analyst Chen Shu: Yesterday's strategy on 7.8 successfully profited, midday analysis of Bitcoin and Ethereum market strategies.

From the daily chart of Bitcoin, yesterday's daily line closed with a small bearish candle, and the price retraced to the MA10 moving average. Pay attention to the gains and losses at 10.8; if it falls below, the short-term will continue to test the MA30/60 moving averages at 10.65/10.6. The resistance level to watch is at 10.85. On the hourly level, after briefly breaking the MA256 moving average, it returned above this line. Watch to see if it can maintain stability above 10.8, which can serve as a short-term dividing line for bullish and bearish positions.

From the daily view of Ethereum, the daily line closed with a small bearish candle, retracing to the daily MA30 moving average at the low point of 2510. Pay attention to the gains and losses at 2510; if it falls below, the short-term will further retrace to the low points of 2460/2400. The short-term support continues to focus on the MA256 moving average at 2530.

Midday operational thoughts (written at 14:20):

BTC: Short at 10.86, add to short at 10.95 on rebound, target 10.8/10.75; Long at 10.68/10.6, watch 10.75/10.85.

ETH: Short at 2580, add to short at 2630 on rebound, target 2530/2500; Long at 2520/2480, looking for a 5-80 point rebound.

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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