Analyst Chen Shu: 12.5 Bitcoin Ethereum short-term sideways fluctuations, focus on the key direction of support and pressure breakthroughs.
Yesterday's analysis article provided a rebound long strategy, both Bitcoin and Ethereum long positions made small profits, congratulations to friends who followed the operation. Bitcoin's daily line shows yesterday's closing green candlestick, the price continues to be suppressed by the daily MA30 moving average at 9.36. If it breaks through and stands firmly above this line in the short term, it is expected to continue this round of rebound rise. Looking at the 4-hour level, the short-term key support level is at 90,000, which is also the MA256 moving average support at the 1-hour level. First, focus on this support pressure breakthrough direction.
From the daily chart of Ethereum, the daily line continues to fluctuate and adjust around the MA256 moving average at 3180. As 3180 is the key dividing line between long and short in the short term, if it continues to be under pressure and fails to break through upwards, it will again retest a round in the short term. Conversely, if it breaks and stands firm at 3180, the short term may experience a round of increased volume rise, and the short-term support should focus on 3100. First, pay attention to whether it can break through the key position of 3180.
Afternoon operation idea (writing time: 13:10):
BTC: Current price 9.21 short, rebound at 9.3 add short, target 9.1/90,000; below 9.05/8.95 long look for a 1-3000 point rebound.
ETH: Current price 3170 short, rebound at 3220 add short, target 3120/3080; below 3100/3000 long look for a 6-150 point rebound.
Daily analysis strategy win rate is extremely high! Analysis is not easy, I hope everyone can click for a free follow, save, like, and comment, thank you all. Everyone is welcome to leave a message for discussion below, and I will reply one by one $BTC
