Analyst Chen Shu: 6.9 Yesterday's strategy successfully profited from intraday fluctuations, midday analysis strategy for Bitcoin and Ethereum
Yesterday's midday article strategy provided a long for Bitcoin at 10.5 and a long for Ethereum at 2500/2460. The market pullback provided an entry opportunity, and Bitcoin was bought at the key point, with the strategy successfully profiting 1000 points. Then, the midnight strategy provided a short for Ethereum at 2540 while making a profit of 50 points. Congratulations to those who followed the operations.
From the daily chart, Bitcoin formed a red doji candle yesterday, failing to break above the MA30 daily moving average. Currently, it has pulled back in the short term, so first focus on the support at 10.48. Looking at the 4-hour chart, the price rebounded to the MA120 daily moving average at 10.66 and has pulled back. The next support is also the MA30/60 daily moving average at 10.48, which is also the MA256 daily moving average on the hourly chart. This line can be treated as a dividing line for long and short positions in the short term.
From the daily chart, Ethereum formed a small green K-line yesterday, with the price rebounding to the MA30 daily moving average at 2550 but failing to break through. Continue to focus on the 2550 resistance during the day. Looking at the hourly chart, the price rebounded to the MA256 daily moving average and faced resistance, pulling back. The short-term trend remains relatively weak, and if it continues to weaken, the next support to look at is 2350.
Midday operational thoughts (writing time: 11:00):
BTC: 10.56 short, add to short at 10.62 on the rebound, target 10.48/10.4; below 10.48/10.4 look for a 1-2000 point rebound
ETH: 2500 short, add to short at 2520 on the rebound, target 2450/2400; below 2400/2350 look for a 5-100 point rebound
The daily analysis strategy has a very high win rate! Analysis is not easy, and 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! $BTC
