Analyst Chen Shu: 12.14 Midnight Bitcoin and Ethereum Market Strategy * No. 2, Narrow Range Fluctuation Continues to Maintain Afternoon Thought Operation
Bitcoin is fluctuating within the range of 10.14-9.95 during the day, with a small fluctuation range. The 4-hour chart shows that the price mainly oscillates around the MA5/10-day moving averages, with short-term support at the MA30/60-day moving averages around 9.9. It is expected that the probability of retesting this line is high. Another support is at the MA120-day moving average around 9.75. If it retests these two points, one can directly go long. The daily support is also at the MA5/10-day moving averages, similarly at 9.9, and the operation is to treat it as a long on pullback.
Ethereum mainly fluctuates around the 1-hour level MA5/10/30-day moving averages, and it is expected that there is a high probability of a downward pullback toward the MA256-day moving average around 3850. The 4-hour chart is also supported by the MA60-day moving average, with lower support looking at the price range of 3840-60, and touching this can be an attempt to go long.
Midnight Operation Thought (Drafting Time: 00:30):
BTC: Light long near 9.9/9.75, target 10.1/10.2; light short above 10.2, target 1-2000 points
ETH: Light long near 3860/3800, target 3900/4000; consider going short above 4000 for a short-term trade.
Daily analysis strategy has a very high win rate! Analysis is not easy, hope everyone can give a free follow, save, like, and comment, thank you all, and welcome everyone to leave messages for discussion below, I will reply one by one!
For real-time market strategy communication and consultation on market issues, you can follow me, originally (Coin World) ranked first personal KOL main influencer, free guidance and answers to trading questions, welcome everyone to communicate! $BTC