Analyst Chen Shu: 3.5 Bitcoin Ethereum breaks upwards, focus on the 4-hour MA256 daily average line at the key pressure level of 7.3

From the daily chart of Bitcoin, yesterday closed with a large bullish candle, the price reached a high point of 7.4, and after the short-term breakthrough of the key pressure level mentioned in yesterday's article, it is expected to further rebound upwards. The key support level for determining whether the current market can further test upwards is the MA256 daily average line at the 4-hour level, which is at 7.3. If it breaks upwards, retests, and confirms the support is valid, then further upward movement is expected. In terms of operation, it is recommended to prioritize buying on the pullback, with short-term focus on the pullback demand.

Ethereum

From the daily chart of Ethereum, yesterday also closed with a large bullish candle, the price reached the high point of 2200, with the support level below focusing on the MA5/10 daily average line at 2000. Looking at the 4-hour level, the MA256 daily average line at 2230 is currently the key pressure level for the market's upward movement, with the intraday rise focusing on the breakthrough situation of this line.

Afternoon operation ideas (writing time: 14:40):

BTC: Buy at 7.15, increase position on a pullback to 7.00, target 7.3/7.4; short-term rebound at 7.25 can short towards 7.1 nearby

ETH: Buy at 2070, increase position on a pullback to 2030, target 2150/2230; short-term rebound at 2130 can short towards 2050 nearby

Daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can click to follow, save, like, and comment for free, thank you all, and welcome everyone to leave messages for discussion below, I will reply one by one

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