Analyst Chen Shu: 5.7 Afternoon Bitcoin and Ethereum Market Analysis Strategy, Short-term Strength with Daytime Pullback for Long Positions

From the daily chart of Bitcoin, yesterday closed with a red K-line, and the price has crossed above the daily MA5/10 moving averages. The short-term support level to watch is 9.55. Pay attention to whether the pullback to the 9.55 support is effective. The 4-hour level support also looks at the MA30 moving average at 9.55, while the 1-hour focus is on the MA256 moving average at 9.5.

From the daily view of Ethereum, the price is currently back above the MA60 moving average at 1800. Watch whether it can maintain stability above 1800 throughout the day. At the 1-hour level, pay attention to whether the price can hold the pullback at the MA256 moving average at 1815.

Afternoon Trading Thoughts (Written at: 13:00):

BTC: Current price 9.65 short, target 9.55/9.5; buy long at 9.55/9.5 looking for 9.65/9.75

ETH: Current price 1830 short, target 1810-1800; buy long at 1800/1780 looking for 1820-1840

Daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can give a free follow, save, like, and comment. Thank you all, and feel free to leave comments below for discussion; I will reply to each one!

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。