Analyst Chen Shu: 11.29 midnight Bitcoin and Ethereum market strategy * No. 2, short position strategy effectively pays attention to the gains and losses of 9.52 support

On November 28, the analysis at noon gave the short position strategy ideas, Bitcoin gave the 9.57/9.63 short position ideas, Ethereum followed Bitcoin to short simultaneously, rebounded to 9.62 and then pulled back to go out of the short-term retracement, short positions are profitable after entering the market, the current price is around 9.5 and the narrow range of fluctuations, please see the following analysis for how to operate

From the daily chart, Bitcoin currently receives a small negative line price today to hold the MA5-day moving average. Pay attention to whether it loses the daily MA5-day moving average (9.48). If it loses, it will continue to adjust. In the 4-hour chart, the price mainly fluctuates in a narrow range around the MA5/30-day moving average. Pay attention to the breakthrough and stabilization of the MA30-day moving average pressure level, as well as the gains and losses of the 1-hour MA256-day moving average (9.52). It is expected that the market outlook will be consistent with the analysis of the previous few days' articles, mainly around the 1-hour MA256-day moving average (9.52) and fluctuate widely, and 9.52 can be regarded as the short-term long-short watershed.

From the daily chart, Ethereum hit a high of 3680 yesterday and closed with a big positive line. Today's rebound trend failed to continue, but instead fell back in the short term. It is currently stepping back to the 4-hour MA10 daily average line. If it loses 3560, it will step back to the daily MA5/10 daily average line, that is, 3460/3360. At present, it is likely to step back to 3460. The midday analysis article gives a strategy for shorting with Bitcoin.

Midnight operation ideas (writing time: 00:00):

BTC: short near 9.55/9.63, target below 9.4; light long at 9.4/9.32, target near 9.6

ETH: long near 3460/3430, target 3550; short orders near 3600 following Bitcoin shorting can continue to synchronize Bitcoin operations

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