Analyst Chen Shu: Is the short-term peak reached on July 19, starting a correction? Midnight market analysis / with trading strategy

Market Analysis: Bitcoin's daily line is currently retracing to the MA10 moving average. The short-term focus is on whether it can stabilize above the MA10 moving average at 11.75. If it stabilizes, the short-term bullish trend will continue; conversely, if it falls below 11.75, a short-term correction may begin. For Ethereum, the main focus is on the support and loss of the 4-hour MA10 moving average at 3515. If it falls below and cannot regain this level, the short-term upward trend will end, while also paying attention to the 1-hour MA30 moving average at 3530.

Trading Strategy (Published at: 00:20):

BTC: Long at 11.75, add to long at 11.6 on retracement, target 11.9/12, short at 11.9/12 looking for a correction of around 2-3000 points. ETH: Long at 3515, add to long at 3450 on retracement, target 3550/3600, short positions synchronized with Bitcoin.

The daily analysis strategy has a very high win rate! Analysis is not easy, so 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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