Analyst Chen Shu: 5.10 High-Level Consolidation Focus on Pullback Strength, Midnight Market Analysis / Accompanying Trading Strategy

Market Analysis: Currently, from the trend perspective, Bitcoin has started a short-term high-level consolidation after a slight false breakthrough of the new high during the midday, initiating a small pullback. Focus on the strength of the pullback, with key points at the 1-hour MA30 moving average line at 10.2, and the 4-hour MA10 moving average line at 10.18. If the pullback does not break below this line, the bullish trend continues; Ethereum has short-term tested the 12-hour MA256 moving average line at 2380 and then started to pull back. Currently, the short-term resistance level is at the daily MA120 moving average line at 2300. Pay attention to whether the price breaks through and stabilizes above this line.

Trading Strategy (Published Time: 00:30):

BTC: Short at 10.3/10.36, target 10.2/10.1; Long at 10.2 below, add to long at 10.1 pullback, target 10.3/10.4

ETH: Short at 2320/2350, target 2280/2250; Long at 2260/2200 below, target 2300/2350

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 for discussion; I will reply one by one!