Analyst Chen Shu: Significant Surge on October 3, Focus on Stability at $120,000, Midnight Market Analysis/Accompanying Trading Strategy

Market Analysis: Bitcoin's daily chart has once again closed higher, reaching a peak of $120,000. The short-term focus is on the stability at $120,000; if it holds, there is potential to challenge previous highs, and a further upward test is expected. For Ethereum, the daily chart has basically broken through and stabilized above the MA60 daily moving average at $4,330, with support relying on this level. On the 4-hour chart, short-term support is at the MA256 daily moving average around $4,380, with resistance at $4,500.

Trading Strategy (Published at: 01:00):

BTC: Short at $12.05, add to short at $12.15 on rebound, target $11.9/$11.85; look for a 1-2000 point rebound at $11.85/$11.75.

ETH: Short at $4,480, add to short at $4,550 on rebound, target $4,430/$4,380; look for a 6-100 point rebound at $4,450/$4,350.

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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