Analyst Chen Shu: The strategy successfully profited at midnight on May 31. Analysis strategy for Bitcoin and Ethereum market at noon.

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1 day ago

Analyst Chen Shu: 5.31 Yesterday's midnight strategy successfully profited, midday Bitcoin and Ethereum market analysis strategy

Yesterday's midnight article provided a short position for Bitcoin at 10.5 and a short position for Ethereum at 2580. The market rebound provided an entry opportunity, with short positions profiting 2000/100 points. The price prediction was accurate; congratulations to friends who followed the strategy.

From the daily chart of Bitcoin, the price remains sluggish, currently falling to the MA30 daily moving average at 10.38. Pay attention to this line during the day; if it is lost, the short-term will continue to decline to the 4-hour MA256 daily moving average at the 100,000 line. The resistance level can be referenced from the 1-hour MA5/10 daily moving averages.

From the daily chart of Ethereum, yesterday closed with a large bearish candle, and the price broke below the MA5/10 daily moving averages. If the short-term continues to decline, the next support to watch is the MA30 daily moving average at 2400. The 4-hour chart shows consecutive bearish candles, with the price breaking below short-term support; pay attention to whether it can regain the MA120 daily moving average.

Midday operation thoughts (writing time: 14:00):

BTC: Short at 10.42, add to short at 10.5 on rebound, target 10.3; with little fluctuation on Saturday, try to treat small rebounds as short opportunities.

ETH: Short at 2540, add to short at 2580 on rebound, target 2500;

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

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