Analyst Chen Shu: 4.30 Afternoon Bitcoin and Ethereum Market Analysis Strategy, Yesterday's Strategy Profited Again and Remains Bullish

Yesterday's article provided long and short positions in the range of 9.36-9.55 for Bitcoin, and in the range of 1760-1840 for Ethereum. The market provided entry opportunities, maintaining consistent volatility with the article's strategy, yielding profits of 3000/60 points. Congratulations to friends who followed the strategy.

From the daily chart, Bitcoin has maintained a high-level fluctuation in the range of 9.3-9.55 in recent days. Although it has not continued to break upwards, the price has remained at the MA5 moving average. As long as it does not drop below the daily MA10 moving average of 9.35, it will continue to maintain a bullish trend. Looking at the 4-hour chart, the overall price is still above the MA10/30 moving averages. Until it drops below these levels, we will continue with a bullish fluctuation approach.

From the daily chart of Ethereum, the market has been in a narrow fluctuation recently, with prices unable to break through the MA60 moving average resistance at 1850. Short-term support to watch is the MA10 moving average at 1770, which is also the support of the 4-hour MA256 moving average. Until it fully breaks below this level, we will treat it as high-level fluctuation.

Afternoon Trading Strategy (Writing time: 14:00):

BTC: Long at 9.45, add to long at 9.38 on pullback, target 9.5/9.55; short at 9.55/9.6 looking for 9.45/9.4

ETH: Long at 1790, add to long at 1760 on pullback, target 1820/1850; short at 1820/1850 looking for 1780/1760

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