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 attention to the support at 11.3. At the same time, the 4-hour MACD currently shows a bottom divergence pattern. It is recommended to go long and look for a rebound. If you are conservative, you can wait for a breakthrough at 11.4 before entering long positions.

Ethereum, from the daily chart, saw another drop yesterday, retracing to the daily MA30 moving average low point at 3350. The short-term support to follow is 3350. Looking at the 4-hour chart, the current price has rebounded to the MA10 moving average; pay attention to whether it breaks through and holds above 3460. On the 1-hour level, watch for a breakthrough of the MA30 moving average, not overly bearish anymore, and turn to a long position to look for a rebound.

Midday operation ideas (written at: 17:00):

BTC: Current price 11.35 go long, add long on pullback to 11.3, target 11.58/11.65, short positions wait for a rebound opportunity to give.

ETH: Current price 3450 go long, pull back to 3420 add long position, target 3530/3600

Daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can give a free follow, bookmark, like, and comment. Thank you all, and feel free to leave a message below for discussion, I will reply one by one #6 BTC全民空投限时派送中# #Gate Alpha积分撸40U# #白宫加密报告发布#