Analyst Chen Shu: 12.6 Bitcoin Ethereum short positions profited yesterday, short-term trend strength focuses on 90,000
Yesterday's afternoon analysis article provided a short position on Bitcoin at the current price of 9.21 and a short position on Ethereum at the current price of 3170. After entering the short positions, it retraced significantly to a low of 8.9/3000, resulting in profits of 3000/170 points. Congratulations to those who followed the operation.
From the daily chart of Bitcoin, the rebound has encountered resistance at the MA30 daily moving average and has fallen back. The short-term is clearly constrained by this line and has currently dropped below the MA5/10 daily moving averages. The 4-hour level has also broken through the dense moving average area. The key pressure level for the short term focuses on the MA256 daily moving average at 9.02 on the 1-hour level. If it regains this level, short-term volatility will return; otherwise, it will continue to test the support at the low points of 8.7/8.4.
From the daily chart of Ethereum, the daily trend is basically as analyzed last week, and the rebound is under pressure at the MA256 daily moving average at 3180. In the short term, 3180 will become a key pressure level. If it cannot break through and stabilize, it will continue to maintain a weak correction trend, while the short-term support level focuses on the MA256 daily moving average at 3000, paying attention to the gains and losses at the integer level of 3000.
Afternoon operation ideas (writing time: 13:30):
BTC: 9.01 short, add short at 9.15 on rebound, target 8.9/8.8; below 8.85/8.8 look to 90,000
ETH: small stop loss long at 3005, target 3050/3100; above 3080/3150 short look for 6-100 points retracement
Daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can click a free follow, collect, like, and comment, thank you all. Welcome everyone to leave comments below; I will reply one by one $BTC
