Analyst Chen Shu: 7.29 midday strategy successfully profited, follow 11.8 gains and losses, midnight market analysis / attached trading strategy

Midday article suggests shorting Bitcoin at 120,000, and a long strategy for Ethereum at 3880/3930. Bitcoin rebounded to a maximum of 11.98 but failed to enter successfully, while the short position for Ethereum successfully entered and gained 100 points. Congratulations to those who followed the operation.

Market Analysis: The daily chart for Bitcoin currently shows a small bearish candle with the price retracing to the MA5/10 day moving average line at 11.82. Pay attention to whether this line is lost in the future. On the 4-hour chart, the short-term has arrived at the MA30 day moving average support at 11.8, which is also the support of the MA256 day moving average on the 1-hour level. Focus on the gains and losses at 11.8; for Ethereum, the daily chart currently shows a small bearish candle with support at the MA5 day moving average of 3770. On the 4-hour chart, the key short-term support is currently at the MA30 day moving average between 3730/3700. First, pay attention to the gains and losses at the 3800 level.

Trading Strategy (Posted at: 00:00):

BTC: Long at 11.75/11.66, target 11.85/11.9; short position considered for short-term operation at 11.88/11.95.

ETH: 3730/3660 more, target 3800/3850; short position follows the operation of Bitcoin.

Daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can follow, collect, like, and comment for free, thank you all, and I welcome everyone to leave a message below for discussion, I will reply one by one!