Analyst Chen Shu: 4.24 Afternoon Bitcoin and Ethereum Market Analysis Strategy, Yesterday's Short Positions Continued to Profit, Focus on 9.16 Support Today

Yesterday's afternoon article analysis suggested shorting Bitcoin around 9.5 and provided a short strategy for Ethereum at 1790/1830. The afternoon short positions gained 2000/30 points, and the midnight article again suggested current prices at 9.34/9.4 and a short position at 1790, gaining another 1500/20 points profit. Congratulations to friends who followed the article's strategy!

From the daily chart of Bitcoin, it closed with a red doji candlestick yesterday. The price remained above the MA256 daily moving average at 9.16. Today's key support for price pullback is this line, and on the 4-hour chart, the current price has broken below the MA5/10 moving averages at 9.3. If it cannot stabilize above this line, a slight pullback may occur in the short term.

Looking at Ethereum from the daily chart, it closed with a short upper shadow red candlestick yesterday, maintaining above the MA30 daily moving average. The intraday pullback should focus on the support of the MA30 daily moving average and the 1705 line. On the 4-hour chart, the overall market is consistent with yesterday's analysis, and the key short-term resistance at the MA256 daily moving average at 1790 has not been broken and stabilized, so the short-term market remains in a consolidation phase.

Afternoon Trading Strategy (Writing Time: 13:00):

BTC: Short at 9.3/9.35, aiming for 9.2/9.15. Buy at 9.2 below, add to long at 9.13 on pullback, target 9.3/9.4.

ETH: Short at 1790, add to short on rebound to 1820, target 1750/1730; consider long positions around 1730/1700.

Daily analysis strategy has a high win rate! Analysis is not easy, hope everyone can give a free follow, save, like, and comment. Thank you all, and feel free to leave comments below for discussion; I will reply one by one!