Analyst Chen Shu: 6.4 Narrow range fluctuations focus on range fluctuations, Bitcoin and Ethereum market analysis strategy at noon
From the daily chart, Bitcoin has closed above the MA30 daily moving average for several consecutive days, and the rebound is not more than the MA10 daily moving average. The market fluctuates and adjusts in this small range of 10.6-10.5. Pay attention to the breakout of this small range first. The 4-hour fluctuation range is 10.66-10.48. The 1-hour level looks at the fluctuation adjustment range and pays attention to the MA256-MA120 daily moving average range, that is, 10.66-10.48. It can be treated as a range fluctuation during the day.
From the daily chart, Ethereum's price continues to be suppressed by the MA256 daily moving average at 2670 in the short term. Don't be overly bullish before breaking through and standing firm on this line. The support level first pays attention to the MA30 daily moving average of 2500. The short-term support in 4 hours is the MA30/120 daily moving average, that is, the 2560 line. Pay attention to the breakthrough of these two positions during the day.
Lunch operation ideas (writing time: 13:30):
BTC: 10.5 long, add long position when the callback is 10.38, target 10.56/10.6; short at 10.65/10.7 above, look at 10.5
ETH: 2660 short, rebound 2700 add short position, target 2600; 2580/2530 below, long, look at 2650 rebound
The daily analysis strategy has a high winning rate! Analysis is not easy, I hope everyone can click a free follow, favorite, like and comment, thank you, everyone is welcome to leave a message below to discuss, I will reply one by one! $BTC
