Analyst Chen Shu: Perfectly capturing profits from the short position on September 6, continue to short on the rebound, midnight market analysis / accompanying trading strategy

Market Analysis: The daily chart of Bitcoin currently shows a long upper shadow, with the price stagnating around the 11.05 level. The key short-term support to watch is the loss of the 11.07-110.3 price range, and it is expected to break below 110,000 again. Ethereum has once again lost the 4300 mark, with support below focusing on the 4-hour MA256 daily moving average at the 4180 level. A first touch could be considered for a short-term long position to bet on a rebound, with support price range focusing on 4250-4180. If this level is lost, it may test the 4060 level again, and the short-term bearish trend is quite evident.

Trading Strategy (Published at: 00:30):

BTC: Short at 11.1, add to short on rebound at 11.17, target 10.95/10.85; look for a 1-2000 point rebound on the long side at 10.8/10.7.

ETH: Short at 4300, add to short on rebound at 4350, target 4230/4180; consider a short-term long position around 100 points at 4180/4100.

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 for discussion; I will reply to each one!

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