Analyst Chen Shu: Short-term rebound on 9.9, pay attention to the upper pressure level of 11.35, midnight market analysis / accompanying trading strategy

Market Analysis: The daily line of Bitcoin currently closes with a small bullish candle, with the price standing above the MA120 daily moving average at 11.1. The short-term pressure level to watch is the MA30 daily moving average at 11.36. Pay attention to whether it can maintain stability above 11.1. If it stabilizes, there may be a short-term rebound to challenge the levels of 11.35/11.44. For Ethereum, the daily line rebound reached a maximum of 4380, which is the intraday short position strategy point. The rebound strength is weak and has not yet stabilized above the 1-hour MA256 daily moving average at 4355. In the short term, it is expected to maintain a weak oscillation, with a pressure level at the high point of 4430 and support at 4300/4220.

Trading Strategy (Published at: 01:10):

BTC: Current price 11.23 short, add short at 11.33 on rebound, target 11.1/11.03; look for a 1-2000 point rebound on the downside at 10.8/10.7.

ETH: Current price 4330 short, add short at 4380 on rebound, target 43050/4250; consider a short-term long position around 100 points at 4230/4150 on the downside.

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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