Analyst Chen Shu: 8.3 Bottoming Out and Rebounding, Focus on the Key Resistance Level of 11.4, Evening Analysis and Strategy for Bitcoin and Ethereum

From the daily chart of Bitcoin, the price fell again yesterday, breaking below the support level of 11.2 before rebounding. Currently, the focus is on the range of 11.2-11.15 for support, while the resistance level to watch for a rebound is 11.4. If it breaks through, the next target is the high point of 11.6. On the 4-hour chart, the price has pierced the MA256 daily moving average and is now rebounding. For short-term support, pay attention to 11.3. Additionally, the 4-hour MACD is showing a bottom divergence pattern. It is recommended to go long and look for a rebound; for a more conservative approach, wait for a breakthrough at 11.4 before entering a long position.

From the daily chart of Ethereum, the price fell again yesterday, testing the daily MA30 moving average at the low point of 3350. For short-term support, focus on 3350. On the 4-hour chart, the price has rebounded to the MA10 moving average, so watch for a breakthrough and stability above 3460. On the hourly chart, look for a breakthrough of the MA30 moving average, and do not be overly bearish; shift to a long position to look for a rebound.

Midday Trading Strategy (Written at: 17:00):

BTC: Current price 11.35, go long, add to long position on a pullback to 11.3, target 11.58/11.65, wait for a rebound opportunity for short positions.

ETH: Current price 3450, go long, add to long position on a pullback to 3420, target 3530/3600.

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.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。