Analyst Chen Shu: 8.21 Afternoon Strategy Profits Again, Nighttime Focus on 11.45 Resistance Level, Midnight Market Analysis / Accompanying Trading Strategy
The afternoon article suggested a long position on Ethereum at the current price of 4150, with the market rebounding to a high of 4300, resulting in a profit of 150 points for those who followed the operation. Congratulations again to the friends who kept up with the trades.
Market Analysis: Bitcoin's daily chart is currently showing a slight rebound, with bulls focusing on whether it can hold above 11.45. If it can hold, it may temporarily stop the decline and test upwards towards 11.7. Conversely, if it cannot hold, we will continue to watch for a pullback, with the support level of concern being around 11.2. For Ethereum, after a pullback to 4100 in the evening, it rebounded to a high point of 4300 but then stagnated. The resistance level to watch is whether it can hold above 4300, as well as the high point from yesterday's decline around 4340. If it cannot hold the 4300-4350 price range, it will be treated as a continuation of the downward trend, with support levels watching 4080/4000.
Trading Strategy (Published at: 00:30):
BTC: Short at 11.4/11.46, target 11.25/11.2; consider going long near 11,000 for a rebound of around 2000 points.
ETH: Short at 4330/4380, target 4200/4100; consider trying a long position at 4080/3950.
Daily analysis strategy has a very high win rate! Analysis is not easy, and I hope everyone will give a free follow, save, like, and comment. Thank you all, and feel free to leave a message for discussion below; I will reply to each one! $BTC