Analyst Chen Shu: On July 3, the short-term trend continues to strengthen, testing the resistance at the high point of 10.87 again. Midnight market analysis / with accompanying trading strategy.

CN
17 hours ago

Analyst Chen Shu: Short-term strength continues on July 3, retesting the pressure at the high point of 10.87, midnight market analysis / with trading strategy

Market Analysis: The midnight market presented a long position test at the current price, suggesting to go long at 106000/2425. The market successfully initiated a rebound; if held until now, the long position could capture a space of 2300/70 points! In terms of market performance, Bitcoin's daily line is currently forming a large bullish candle, with the price once again reaching the high point pressure level of 10.85. Attention should be paid to whether the price will break through the previous high point of 10.87. If it breaks and stabilizes, the short-term will continue to strengthen, testing the high points of 10.9/11, focusing on the strength of the subsequent bullish continuation. For Ethereum, the daily line is also forming a large bullish candle, currently rising to the MA30 daily moving average pressure level of 2500. Attention should be paid to the breakthrough situation at this level, while on the 4-hour chart, the focus is on the pressure level of 2530, monitoring whether the rebound will continue to test this high point.

Trading Strategy (Published at: 00:00):

BTC: Long at 10.77, add long at 10.7, target 10.85/10.9; short above at 10.9/10.96, target 10.85/10.8

ETH: Long at 2460, add long at 2420, target 2500/2530; short above at 2520/2550, target 2480/2450

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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