Analyst Chen Shu: 1.7 Afternoon Bitcoin and Ethereum Market Strategy * No. 1, Long positions once again achieved great success. How to operate during short-term high-level fluctuations
On January 6th, the afternoon article analysis provided Bitcoin and Ethereum long and short position strategies. Bitcoin suggested going long at 9.91, the market retraced to a low of 9.87, and the long position successfully captured 3700 points. Ethereum suggested long positions at 3660/3600 for a profit of 100 points. The trend points were accurately predicted. Congratulations to friends who followed the operations. Please see the following analysis for how to operate during the current short-term high-level consolidation.
From the daily chart of Bitcoin, the daily line closed with a bullish candle yesterday, directly breaking through and stabilizing above the daily MA30 moving average. The price has approached 10.3, and currently, there is no obvious pressure level on the daily moving average. The market has undoubtedly returned to a unilateral trend, with short-term attention on the small pressure level at 10.4; in the 4-hour view, the price is stagnating around 10.27, paying attention to the strength of the pullback. The short-term support is at these two positions: 10.15/10.08, and it is recommended to go long on the pullback.
From the daily chart of Ethereum, the daily line formed a small bullish candle yesterday. Under the upward trend of Bitcoin, the upward momentum of Ethereum is limited. The subsequent rebound situation can be observed; in the 4-hour view, the overall price is still maintained above the MA256 moving average, and the key support for the pullback is also observed at this level. As long as 3630 is not lost, it can be viewed as a bullish trend.
Afternoon operation ideas (writing time: 16:30):
BTC: Lightly go long at 10.12, increase long position at 10.05, target above 10.2; attempt a light short position at 10.4.
ETH: Lightly go long at 3630, increase long position at 3580, target near 3750;
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 for discussion below, I will reply one by one!
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