Analyst Chen Shu: 8.15 short-term pullback focuses on the support at 11.75 below, midnight market analysis / with trading strategy attached

Market Analysis: Bitcoin experienced a significant pullback after a daily surge, currently dropping to the daily MA30 support level at 11.75. Follow the situation regarding this support level; if it is lost, the downward pressure will continue, testing the 4-hour MA256 level at 11.6. As for Ethereum, the daily chart also shows a long lower shadow, retracing to the MA5 level. Follow the situation around the 4500 support; if it is lost, it may drop to the

Analyst Chen Shu: The pullback on 8.14 did not show a significant retreat. Midday analysis and strategy for Bitcoin and Ethereum market.
Bitcoin, looking at the daily chart, has today broken through to a historical high, reaching the peak at 12.45. Currently, there is a short-term pullback, and short-term support can be focused on the 12.06/12 thousand line. On the 4-hour chart, the last four-hour candlestick formed a long upper shadow red inverted line. Currently, the short-term has come down to a small support level of 12.17. Attention should be paid to whether the subsequent trend wi

Analyst Chen Shu: Testing the 12.2 high resistance level again on 8.14, midnight market analysis / with trading strategy attached.

Market Analysis: The daily chart of Bitcoin has once again closed with a red candlestick with an upper shadow, as the price tests the resistance level of 12.2. The key focus is whether it can break through and stabilize above this level. For short-term support, pay attention to the level of 11.88. On the Ethereum side, after a short-term surge, it has retraced. Watch the strength of the retracement; the price is expected to drop to the range of 4550-4500. If the

Analyst Chen Shu: On 8.13, Ether does not indicate a peak in the new high market; midday Bitcoin and Ethereum market analysis strategy.
Bitcoin, from the daily chart, showed a rebound to the high point of 120,000 yesterday before starting a slight pullback. In the short term, attention is on whether it can hold above the 120,000 USD mark, with the support level at 117,300. A pullback still requires bullish sentiment. On the 4-hour chart, there is clearly resistance at 120,000 USD, and the support below is initially at the MA30 daily moving average of 118,500. If it breaks below, the nex

Analyst Chen Shu: Pay attention to the daily chart closing after the high-level consolidation on August 13, midnight market analysis / accompanying trading strategy

Market Analysis: Bitcoin's daily chart did not continue to break upwards significantly today, and the short-term price is still under pressure from 120,000/122,000. Pay attention to whether the daily closing line is red; for the 4-hour chart, support levels are at 116,800/115,500, while resistance levels continue to focus on 120,000 and the high of 122,000. As for Ethereum, after breaking a new high, the daily chart has recorded

Analyst Chen Shu: 8.12 high position consolidation waiting for the market to give direction, midday Bitcoin, Ethereum market analysis strategy.
Bitcoin on the daily chart shows that yesterday it closed with an inverted green K-line. Although the price once again surged to a high point of 12.25, if it cannot stabilize above 120,000 after the subsequent pullback, it will likely maintain a fluctuating consolidation trend in the short term. The support below is focused on the 11.73 line. Looking at the 4-hour level, it has continuously closed with bearish candles, adjusting to the 11.88 lin

Analyst Chen Shu: On 8.11, BTC pump rises again, midday Bitcoin and Ethereum market analysis strategy.
Yesterday's article analysis suggested going long on Bitcoin at 11.68/11.62 and on Ethereum at 4160. Bitcoin did not reach the entry point, while the long position on Ethereum successfully hit the target.
Bitcoin, from the daily chart perspective, has formed two consecutive large bullish candles, and the price has completely broken through the descending channel. It is about to test the historical high of 12.33. Currently, the bullish trend is strong, and the breakthrough happens in an

Analyst Chen Shu: On August 10, BTC tested and broke the resistance level. Midday analysis strategy for Bitcoin and Ethereum market.
Yesterday's article analysis provided a long position for Bitcoin at 11.7/11.66 and for Ether at 4170/4130. The market offered entry opportunities and began to rebound upward, with long positions capturing a profit of 2000/150 points. Congratulations to those who followed the trades.
Bitcoin, from the daily chart perspective, has successfully broken through the upper trend line at the 11.67 high point after today's rise. If it can hold this level during a

Analyst Chen Shu: The market enthusiasm on 8.9 remains high and rises again, midday Bitcoin and Ethereum market analysis strategy.
Bitcoin, from the daily chart perspective, formed a small bearish line yesterday, encountering resistance at the 11.7 level in the short term. The pressure point above is focused on the 11.8 level, which is the area of concentrated trading during the previous consolidation at the 120,000 high. The short-term focus is on whether it can break through and stabilize above 11.8. If it stabilizes, it will challenge the 120,000 mark again; conversely, if it fails t

Analyst Chen Shu: 8.8 High Position Sideways Pullback, Midday Bitcoin, Ethereum Market Analysis Strategy
From the daily chart, Bitcoin closed with a bullish candle yesterday, rebounding to the pressure level of the daily MA30 moving average at 11.7 before slightly retreating. In the short term, attention is on whether the price can stabilize above 11.7 again. The upper pressure level to watch is the densely traded area around 11.8. If it breaks through, the focus will shift to the previous high pressure level of 12. On the 4-hour chart, after a short-term pullback to the MA256 moving average,

Analyst Chen Shu: 8.7 Ether pump follow the pullback to 3730 hold above situation, midday Bitcoin, Ethereum market analysis strategy.
Bitcoin, from the daily chart perspective, closed with a small bullish candle yesterday, keeping the price oscillating between the range of 11.4-11.56. The key resistance level to watch is the MA30 moving average at 11.68, as well as the previous low point of the oscillation at 11.73. The support level to focus on is 11.4. Looking at the 4-hour chart, after breaking through the MA256 moving average yesterday, it is currently retesting the next level without brea

Analyst Chen Shu: 8.6 Yesterday's short order profit continued to short on the intraday rebound, midday Bitcoin and Ethereum market analysis strategy.

Yesterday's midday article provided a shorting strategy for Ethereum at 3675, with a short order entry at 11.46. The short order successfully entered and hit the take profit level, yielding a profit of 1800/100 points. Congratulations to those who followed the operation.
Bitcoin, from the daily chart perspective, closed with a lower shadow green K-line yesterday. The price rebound has not broken through the previous high point of the co

Analyst Chen Shu: Successfully took profit on the short order at 8.6, looking to support at 11.2 to open a long position, midnight market analysis/with trading strategy.

Today's article at noon suggested shorting at 11.46, and provided a short order strategy for Ethereum at 3675. The short order successfully entered the market and hit the take profit level, realizing a profit of 1800/100 points. Congratulations to those who followed the operation.
Market Analysis: The daily chart of Bitcoin currently shows a bearish engulfing candle with the price breaking below the key support at 11.4. I

Analyst Chen Shu: 8.5 long order take profit, pay attention to the pullback to 11.36 during the midday, analysis strategy for Bitcoin and Ethereum market.

In recent days, the article strategy and the current price orders have only provided long order strategies. The long order entry point is in the range of 11.3-11.35, with Ethereum long order entry at the 3450-3500 level. The long order rebounded to a daily high of 11.56/3730 yesterday, and the long order could have reached a maximum of 2500/250 points. Congratulations to those who followed the operation!
Bitcoin appears to be formin

Analyst Chen Shu: 8.5 long order profit target at 116,000 resistance level, midnight market analysis / accompanying trading strategy

The afternoon article continues the direction given in the past two days, providing the current long order strategy. Bitcoin rebounded to a high of 11.54, and Ethereum rebounded to a high of 3670, capturing 1200/130 points on the long order. Congratulations again to those who followed the operation.
Market Analysis: Bitcoin's daily chart is currently showing another bullish candle. The resistance level to watch is the MA30 moving average at 11.63. If it brea

Analyst Chen Shu: 8.4 long order successfully gets on board for profit, continuing to look up. Midday Bitcoin and Ethereum market analysis strategy.

In recent days, the article strategy and current price orders have only provided long order strategies. The long order reduction point is in the 11.3-11.35 range, with Ethereum long order entry at around 3450. The long order rebounded to a daily high of 11.5/3575, with a maximum of 2000/1200 points available for the long order. Congratulations to those who followed the operation!
Bitcoin on the daily chart shows that yesterday formed a bu

Analyst Chen Shu: Go long at 8.4 with a narrow range oscillation; a breakthrough of the key resistance at 11.4 is needed. Midnight market analysis / accompanying trading strategy.
Market Analysis: The key short-term resistance level for Bitcoin on the 4-hour chart remains at the 11.4 level. Once it breaks through, it will continue to rebound and test the resistance levels at 11.55/11.6. Currently, the willingness to break through seems strong. If the 15-minute MA256 daily moving average stabilizes, it will officially start to rise. For Ethereum, pay attention to the breakout situation at the r

Analyst Chen Shu: 8.3 bottom rebound focusing on the 11.4 key resistance level, evening Bitcoin and Ethereum market analysis strategy.
Bitcoin looks at the daily chart, the price fell again yesterday, breaking below the 11.2 support and then rebounding. Currently, the daily level below directly focuses on the 11.2-11.15 line, with the resistance level for the pullback first focusing on 11.4. If it breaks through, then look up to the 11.6 line high point. On the 4-hour chart, the short-term currently pierced the MA256 daily moving average and then rebounded. For the short term, pay atten

Analyst Chen Shu: Can the 8.2 fall stabilize to buy the dip and go long? Evening Bitcoin and Ethereum market analysis strategy.
Last night, the current price order strategy was given, with Bitcoin shorting at 11.58 and Ether shorting at 3670. The shorts made significant profits exceeding 3000/120 points. Congratulations to the friends who followed the operation.
Bitcoin, from the daily chart, has continuously formed 2 consecutive bearish candlesticks, with the price falling to the 11.3 level. Currently, if the daily chart continues to decline, the support to watch is at the 10.95 level.

Analyst Chen Shu
Suggestion: Buy Bitcoin and Ethereum at the current prices of 11.36/3490, add to the position on a pullback at 11.33/3460, target 11.5/3580, stop loss at 11.25/3440.
$BTC