Analyst Chen Shu: Bitcoin and Ethereum market strategy at midnight on December 4 * No. 2, long and short single and double profits pay attention to the loss of 9.45
On December 3, the midday analysis gave a 9.45 long order and Ethereum 3540/3580 long order strategy. In the evening, a 9.54 current price short order was given. The short order successfully fell to the target point and made a profit of 1,500 points. Later, the midday analysis of the long order 9.45/3540 also successfully rebounded to 9.6/3600, and the long and short profits exceeded 3,000 points. At present, the short-term continues to fluctuate widely. Please see the following analysis for how to operate.
From the daily chart of Bitcoin, today's K-line has received another green K-line and has fallen below the daily MA5/10 daily moving average. If it continues to fall below the 4-hour MA120 daily moving average (9.45) and actually breaks this line, then the short-term may go through a correction. Next, pay attention to the recovery of the daily MA10 daily moving average and the 4-hour MA120 daily moving average. If it is completely lost, it will be expected to pull back to the 90,000 line. Otherwise, it will be expected to fluctuate and adjust. In the short term, pay attention to the breakthrough of the 1-hour MA256 daily moving average (9.6) pressure level. Overall, keep the volatile market as the first treatment.
From the daily chart, Ethereum's price today is consistent with the analysis in the article at noon, and it has stepped back on the daily MA10 average. We will continue to pay attention to the loss of the MA10 average and the 4-hour MA60 average (3540) support. If it fails, we will see a callback to the 3350/2350 line. The short-term support is the 1-hour MA256 average (3530)
Midnight operation ideas (writing time: 01:00):
BTC: light long near 9.45, stop loss of about 600 points, target 9.6; light short at 9.62/9.75, target around 9.4
ETH: short near 3600, target 3500/3450; long orders can follow Bitcoin for short-term trading
Medium and long-term trends ：Before losing 9.45, Bitcoin will continue to fluctuate and treat it as bullish. Only after losing this line completely will it change its mindset and look at a callback adjustment; Ethereum will first focus on the gains and losses of the 3530-50 price range. If it loses this line completely, the short-term compensatory rally will come to an end.
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