Analyst Chen Shu: 5.15 Narrow Range Fluctuation Focus on Breakthrough, Midnight Market Analysis / Accompanying Trading Strategy
Market Analysis: Currently, from the trend perspective, Bitcoin is maintaining a narrow range fluctuation adjustment in the 10.4-10.3 range in the short term. On the 4-hour chart, the price is fluctuating around the MA30 daily moving average. Pay attention to the critical level of 10.35; if it is completely lost, the short-term support may be at 10.15/100,000. If it holds, it will continue to test the resistance level of 10.5. For Ethereum, the daily line is once again suppressed by the MA256 daily moving average at the 2650 level. In the short term, it has shown a series of pullbacks, and we should first pay attention to the support and loss of the MA30 daily moving average at the 2500 level on the 4-hour chart.
Trading Strategy (Published at: 00:00):
BTC: Short at 10.35, add to short at 10.4, target 10.25/10.2; consider long positions at 10.15/100,000. ETH: Short at 2600, add to short at 2630, target 2550/2500; consider light long positions at the 2500 level.
The daily analysis strategy has a very high win rate! Analysis is not easy, and 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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