Analyst Chen Shu: 8.12 High-level consolidation waiting for the market to give direction, midday Bitcoin and Ethereum market analysis strategy

From the daily chart of Bitcoin, yesterday formed an inverted green K-line. Although the price once again surged to the high point of 12.25, it has shown a pullback. If it cannot stabilize above 120,000, the short-term will still maintain a trend of oscillation and consolidation. The support below is focused on the 11.73 line. From the 4-hour level, it has continuously closed with bearish candles, adjusting to the 11.88 line. The dense trading area below at 11.8 will become a key support for the short term. During the day, the pullback should first focus on the price range of 11.8-11.73.

From the daily chart of Ethereum, it is currently continuously piercing above 4300, with the last two trading days both forming green doji stars. There is significant pressure above 4300 in the short term, while the key support level to focus on is the gain or loss of 4170. If it does not lose the next line, there is unlikely to be a large pullback trend in the short term. If it effectively breaks below the 4170 line, the short-term support will focus on the 4060/4000 USD level.

Midday operation thoughts (writing time: 15:00):

BTC: Long at 11.8, add long at 11.72 on pullback, target 11.9/11.95

ETH: High sell low buy between 4330-4170, waiting for a breakout of the range

The 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 comments below for discussion; I will reply one by 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。