Analyst Chen Shu: 9.19 High Position Consolidation Focus on Pullback Strength, Midnight Market Analysis / Accompanying Trading Strategy

Market Analysis: Bitcoin's daily level has once again closed higher, stabilizing short-term above the MA5/10 moving averages. The upper resistance level to watch is around 120,000, which is the previous high during the consolidation phase, while the support level is around 115,500/115,000. For Ethereum, the daily level is currently stabilizing above the MA30 moving average at 4,450, with resistance levels at 4,700/4,760, and short-term support at 4,560.

Trading Strategy (Published at: 01:30):

BTC: Short at 11.84, add to short at 11.92 on rebound, target 11.75/11.65; look for a 1,000-2,000 point rebound at the lower levels of 11.65/11.55.

ETH: Short at 4,660, add to short at 4,720 on rebound, target 4,550/4,500; look for a 6-100 point rebound at the lower levels of 4,550/4,500.

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 a message below for discussion; I will reply to each one!

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