Analyst Chen Shu: Pay attention to the breakthrough of the 11.68 resistance level after the fall and rebound on 8.19, midnight market analysis/attached trading strategy.




Market Analysis: Bitcoin fell to 11.46 during the day and has currently rebounded to around 11.6. The daily resistance level to watch is the MA30 moving average at 11.73. In the short term, pay attention to the breakthrough and stability of the 4-hour MA256 moving average at 11.68. If it stabilizes, we will continue to look for a rebound; otherwise, we will look for a retracement to the support at 11.4. For Ethereum, in the short term, focus on the daily resistance level at 4430 and also watch the stability of the MA256 moving average at 4380 on the 1-hour level.

Trading Strategy (Published at: 00:00):

BTC: Short at 11.68/11.75, target 11.5/11.4; go long near 11.4 for a rebound of around 2000 points.

ETH: Short at 4370/4430, target 4300/4200; consider trying long positions below 4100.

Daily analysis strategy has an extremely high win rate! Analysis is not easy, I 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!
BTC3.93%
ETH13.79%
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