Analyst Chen Shu: Short-term rebound on September 4, focus on the continuation of the market, midnight market analysis / with trading strategy

Market Analysis: Bitcoin's daily line is currently stable above the MA120 daily moving average, specifically above 11.06. The short-term resistance levels to watch are 11.25/11.35; if touched for the first time, consider a light short position. The support level is at 11.06. For Ethereum, the daily line is stable above the MA30 daily moving average at 4350. The resistance level can be referenced at the 4460-4500 price range; if it breaks through, abandon the short position. Conversely, if it cannot break through and stabilize above this level, continue to look for short-term pullback corrections.

Trading Strategy (Published at: 00:30):

BTC: Short at 11.25, add to short at 11.33 on rebound, target 11.1; below 11.1/110, look for a 1-2000 point rebound.

ETH: Short at 4500, add to short at 4550 on rebound, target 4400/4350; consider a short-term long at 4350.

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