Analyst Chen Shu: Focus on whether the 8.28 rebound can break through 11.23, midnight market analysis / with trading strategy
Market Analysis: Bitcoin's intraday fluctuations are narrowing, maintaining a correction above 110,000. The short-term key focus is whether the subsequent price can break through and stabilize above 11.23. Once broken, it will continue to test upwards towards 11.4; Ethereum is currently facing pressure from the 1-hour MA120 daily moving average and the 4-hour MA30 daily moving average. Watch for the upward market after breaking the resistance level, with the resistance level at 4680. If it cannot break through 4680, treat it as a consolidation.
Trading Strategy (Publication Time: 00:30):
BTC: Short at 11.22, increase short position at 11.3 on the rebound, target 110,000/10.9; try to go long with a small stop loss near 10.8/10.9
ETH: Short at 4670, increase short position at 4760 on the rebound, target 4560/4500; try to go long with a small stop loss near 4460/4400
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, welcome everyone to leave comments below, I will reply one by one! $BTC