Analyst Chen Shu: 7.22 yesterday's strategy was effective, focus on 11.85 during the midday, analysis strategy for Bitcoin and Ethereum market.



Yesterday midnight article analysis suggested shorting Bitcoin at 11.9/120,000 and shorting Ethereum at 3730/3780. The market provided entry points, and the short positions are currently profiting 1500/60 points.

From the daily chart of Bitcoin, after yesterday's market correction, it has continued to rise to the 120,000 line. The key short-term support level to pay attention to is the MA5/10-day moving average. If it completely loses the 118,000 support level, the short-term correction will continue. If it holds above 118,000, the short-term will maintain a high-level consolidation pattern. Looking at the 1-hour chart, the short-term is fluctuating around the MA256-day moving average of 118.5. This line can be treated as a dividing line for bulls and bears in the short term.

From the daily chart of Ethereum, yesterday's daily candle formed a green doji star. The short-term has seen two consecutive doji stars, indicating a divergence in price. The bullish momentum is beginning to slow down. The daily focus is on the MA5 moving average at 3700; if it is lost, the next support looks at the MA10 moving average at 3500. The hourly support focuses on the MA120 moving average at the 3670 level, while the 4-hour focus is on the MA30 moving average at 3680. The short-term attention is on the support zone between 3700 and 3680.

Midday operation strategy (written at: 15:00):

BTC: 11.9 short, add to short at 120,000, target 11.8/11.7; look for a rebound of around 2000 points at 11.7/11.6 long.

ETH: Short at 3720, add to short at 3760, target 3650/3620; Long at 3630/3580, watch for a rebound of 5-80 points.

The daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can click to follow, collect, like, and comment for free, thank you all, and feel free to leave comments below for discussion, I will reply one by one #山寨季来了?# #稳定币监管风暴# #Gate 6月透明度报告# .
BTC0.4%
ETH1.84%
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GateUser-046ada83vip
· 07-24 06:46
#PI# trapped for 19 years, 20 years, old pioneers 2.3 enter a position, may I ask who is worse off than me #Solana Staking ETF# , early promotions were ridiculed by others, after 6 years finally reached the Mainnet, only to be trapped at the peak , and then mocked by others again .
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GateUser-d76268bbvip
· 07-24 00:24
Launch with force 🚀
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DudasBvip
· 07-23 11:37
Buy to earn 💎
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GateUser-4711330dvip
· 07-23 07:12
Hold on tight, we're about to To da moon 🛫
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