Analyst Chen Shu: 7.29 Afternoon Strategy Successfully Profited, Focus on 11.8 Gains and Losses, Midnight Market Analysis / Accompanying Trading Strategy

Market Analysis: Bitcoin's daily line currently shows a small bearish candle, with the price retracing to the MA5/10 day moving average at 11.82. Pay attention to whether this level will be lost subsequently. On the 4-hour chart, the short-term has reached the MA30 day moving average support at 11.8, which is also the MA256 day moving average support on the hourly level. Focus on the gains and losses at 11.8. For Ethereum, the daily line currently shows a small bearish candle with support at the MA5 day moving average of 3770. On the 4-hour chart, the key support level is currently at the MA30 day moving average of 3730/3700, with initial focus on the current 3800 level's gains and losses.

Trading Strategy (Published Time: 00:00):

BTC: Long at 11.75/11.66, target 11.85/11.9; consider short positions at 11.88/11.95 for short-term operations. ETH: Long at 3730/3660, target 3800/3850; short positions to follow Bitcoin's operations.

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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