Analyst Chen Shu: The strategy from yesterday, July 31, successfully profited, with midday attention on breakouts, analysis strategy for Bitcoin and Ethereum market.

Midday article suggests shorting Bitcoin at 11.85, Ethereum at 3830. The midnight article again suggests shorting at 3820. The market successfully provided multiple entry points and retraced, with short positions gaining 1500/200 points. Congratulations to those who followed the operation.

Bitcoin, from the daily chart perspective, closed yesterday with a lower shadow green K-line, and the price has now returned to above the MA5/10 daily moving averages. Subsequently, focus on whether it can maintain stability above 11.85. In the 4-hour view, the short-term continuous rebound is currently above the MA120 daily moving average. The upper resistance level to pay attention to is the previous fluctuation high points at 11.93/11.98, while the support level to monitor is whether it can stay above 11.82. If it does stabilize, it will change from a resistance level to a support level.

Ethereum, from the daily chart perspective, the price has once again returned above the MA5/10 day moving average. In the short term, we will focus on whether it can maintain stability above this line. If it holds, a short-term rebound may continue to test the 3940 high point. On the 4-hour level, a short-term breakthrough of the resistance level around 3800 is noted, with short-term pressure levels to watch at 3880. If it breaks through, the short-term rebound may continue to test the recent high point, with support levels to focus on at 3800.

Midday trading ideas (written at: 16:00):

BTC: 11.82 long, buy more at 11.72, target 11.9/11.95; short at 120,000/12.1, looking for a pullback around 2000 points.

ETH: over 3810, add more at 3760 for a rebound, target 3880/3930; short positions follow Bitcoin synchronously.

Daily analysis strategy has a high win rate! Analysis is not easy, I hope everyone can click to follow, collect, like, and comment for free. Thank you all, and feel free to leave a message below for discussion. I will reply one by one #BTCÐ Launchpool收益超3%#