Analyst Chen Shu: The pullback on September 10 has just begun, and the trend remains bearish. Midnight market analysis / with trading strategy

Market Analysis: Bitcoin's daily line peaked at the MA30 moving average of 11.34 and then entered a pullback. The short-term trend continues to show weakness, with the support level still focusing on the MA120 moving average at 11.1, which can be treated as a short-term bullish and bearish dividing line. Resistance is at 11.33 and support at 11.05. For Ethereum, the daily line has been oscillating around 4300 for nearly a week, with the oscillation range continuously narrowing. The key resistance level is 4430, support at 4230, and the short-term resistance level is the rebound high of 4380.

Trading Strategy (Published at: 00:00):

BTC: Short at 11.32, add to short at 11.42 on rebound, target 11.15/11.05; look for a 1-2000 point rebound at the lower level of 10.8/10.7.

ETH: Short at 4350, add to short at 4390 on rebound, target 4280/4230; look for a 6-100 point rebound at the lower level of 4230/4160.

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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