Analyst Chen Shu: Midday strategy profits again! Targeting the 2920 resistance level.
The midday article strategy suggested going long on Bitcoin at 1095 and Ethereum at 2770. Currently, Bitcoin has gained 800 points, and Ethereum has gained nearly 100 points. Congratulations to those who followed the strategy!
In the short term, Bitcoin should first focus on the target level of 11.07, with the second resistance level at 11.16. It is expected to have upward momentum during the night. For Ethereum, the first resistance level to watch is 2860, and it is anticipated to break this line to test 2920. Pay attention to the increase in volume and price rise in the late night, and for short-term operations, it's recommended to go long on pullbacks.
A small pullback can be considered for going long. For Bitcoin, buy at 10.97/10.9 with targets at 11.07/11.16, and for Ethereum, buy at 2815/2770 with targets at 2860/2920.
If the market remains strong overnight, there is an expectation of another wave of volume increase and spike in the early morning. Don't rush to short; wait for the volume increase after U.S. stock market closes before entering a position!
