Analyst Chen Shu: 3.25 Afternoon Bitcoin and Ethereum Market Strategy Report, Short-term Surge and Retracement to be Treated as Fluctuations

From the daily chart of Bitcoin, yesterday closed with a small upper shadow red candlestick. The price at the daily level has currently broken through and stabilized above the MA30 moving average. If there is a retracement to this support line during the day, it can be considered for a bullish position; at the 4-hour level, the upper MA256 moving average at 8.9 is currently the first resistance level for the short term. Pay attention to whether it can break through and stabilize above this line during the day.

From the daily chart of Ethereum, yesterday closed with a red candlestick. This morning, it continued to rebound and tested the daily MA30 moving average resistance level. Pay attention to whether it will break through this resistance level during the day, while also monitoring the upper weekly MA256 moving average at the 2145 resistance level.

Afternoon Operation Thoughts (Written at: 13:00):

BTC: Long at 8.55, add to long at 8.45 on retracement, target 8.7/8.8; small stop loss for short in the 8.86/8.95 range, looking for a 2-3000 point retracement.

ETH: Long at 2015, add to long at 1980 on retracement, target 2080/2120; small stop loss for short at 2100/2150.

The 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 comments below for discussion; I will reply to each one!

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