Analyst Chen Shu: June 10th Yesterday's Strategy Successfully Profited, Looking at Fluctuations During the Day, Midday Bitcoin and Ethereum Market Analysis Strategy

From the daily chart of Bitcoin, yesterday's daily line closed with a large bullish candle, with the price approaching the previous high of 11.07. Currently, it has encountered some resistance and slightly retreated. The low point of the pullback is supported by the 4-hour MA5 moving average line around 10.88. If the pullback does not break this level, one can consider buying more to continue bullish positions. The resistance level remains at the previous high of 11.07. Currently, after reaching a high and retreating, we wait for a pullback to continue buying more.

From the daily chart of Ethereum, after yesterday's daily line increased, it also closed with a large bullish candle, with the price directly rising above the MA256 moving average line. As analyzed in yesterday's midnight article, after the price broke through 2550, it rebounded and accelerated to test the 2660 level. Currently, the short-term price has temporarily stabilized above 2660. We need to pay attention to whether the support at 2660 holds during the day. If the price pulls back to this level, one can consider buying more to remain bullish.

Midday Trading Ideas (Written at: 11:30):

BTC: Buy at 10.9, add more on a pullback to 10.83, target 11/11.07; short positions can be placed around 11.16/12.

ETH: Buy at 2670, add more on a pullback to 2630, target 2750/2800; consider short positions above 2780/2800.

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