Analyst Chen Shu: 6.26 Yesterday's Strategy Slightly Profitable, Continuing to be Bullish? Midday Bitcoin and Ethereum Market Analysis Strategy
Yesterday's midday article analysis suggested shorting Bitcoin at 10.7/10.8 and shorting Ethereum at 2450. Midnight analysis subsequently suggested a short strategy at 10.8/2520. The market reached the entry position as expected, and those who participated in the shorts would have made a small profit. Congratulations to friends who followed the operations.
From the daily chart, Bitcoin continued to form a small bullish candle yesterday, with the price reaching the high point of 10.8. Currently, short-term resistance levels to watch are the previous highs at 10.9/110,000, while the support level can refer to the MA30 moving average line at 10.55. In the 4-hour view, the short-term price is steadily moving upwards along the MA5 moving average, gradually breaking through the upper resistance levels. As long as the price does not fall below the MA5/10 moving averages, it is expected to maintain a strong market.
Looking at Ethereum from the daily chart, the short-term price has risen to the daily MA30 moving average resistance level at 2530. Attention should be paid to whether it can break through and stabilize above this level during the day, while the support level should focus on 2400. In the 4-hour view, the short-term resistance levels are 2520/2540, focusing on the strength of the breakthrough. The short-term support level should focus on the 1-hour level MA256 moving average at 2450, paying attention to whether the pullback support is effective.
Midday Operation Thoughts (Written at: 13:00):
BTC: Long at 10.68, add long at 10.6, target 10.75/10.8; short at 10.9/110,000, watch 10.8/10.7
ETH: Short at 2530, add short on rebound at 2600, target 2480/2450; long at 2450/2400, watch 2500/2550
Daily analysis strategy has a very high win rate! Analysis is not easy, hope everyone can give a free follow, save, like, and comment, thank you all, and welcome everyone to leave comments below, I will reply one by one! $ETH