Analyst Chen Shu: Midnight strategy on 5.31 successfully profited, analysis strategy for Bitcoin and Ethereum market at noon
The midnight article yesterday provided a short position for Bitcoin at 10.5 and a short position strategy for Ethereum at 2580. The market rebound gave entry opportunities, and the short positions profited 2000/100 points. Congratulations to friends who followed the strategy accurately.
Looking at Bitcoin from the daily chart, the price continues to be sluggish and has currently dropped to the MA30 daily moving average at 10.38. Pay attention to this line's gains and losses during the day. If it loses this level, the short-term will continue to decline to the 4-hour MA256 daily moving average around 100,000. The resistance level can be referenced from the 1-hour MA5/10 daily moving average.
From the daily perspective of Ethereum, it closed with a large bearish line yesterday, breaking below the MA5/10 daily moving average. If it continues to decline in the short term, the next support to focus on is the MA30 daily moving average at 2400. The 4-hour chart shows consecutive bearish closures, breaking below the short-term support. Pay attention to whether it can regain the position above the MA120 daily moving average.
Afternoon operation strategy (writing time: 14:00):
BTC: 10.42 short, add to short position at 10.5 on rebound, target 10.3; Saturday's fluctuations are not large, try to treat small rebounds as short opportunities.
ETH: 2540 short, add to short position at 2580 on rebound, target 2500;
Daily analysis strategy has a super high win rate! Analysis is not easy, I hope everyone can give a free follow, save, like, and comment, thank you all, feel free to leave messages for discussion below, I will reply one by one! $BTC
