Analyst Chen Shu: 1.5 Bitcoin Ethereum's long positions profited again yesterday, pay attention to the pullback strength after the surge.

From the daily chart, Bitcoin continues to close in the red, with the price basically stabilizing above the MA60 daily moving average at 9.1. The next stage of resistance focuses on the previous peak position of 9.45. On the 4-hour level, the short-term trend is generally moving upwards along the MA5/10 daily moving averages. The short-term support level to watch is this line; if it does not break, the bullish outlook can continue. On the 1-hour level, the support level is at the MA30 daily moving average. If a pullback occurs, it can be a good entry point for long positions.

From the daily chart, Ethereum has seen some increase, but the candlestick pattern shows weak rebound strength. The upper resistance level still focuses on the MA256 daily moving average at around 3330. The support level to watch is the daily MA5 daily moving average, as well as the MA30/MA5/10 daily moving averages around 3140 on the 1/4 hour level.

Afternoon trading strategy (writing time: 13:30):

BTC: Long at 9.18, add to long on pullback to 9.1, target 9.3/9.4; short at 9.45/9.55 looking for a pullback of 1-2000 points.

ETH: Long at 3150, add to long on pullback to 3110, target 3200/3250; short at 3250/3300 looking for a pullback of 6-100 points.

The daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can give a free follow, bookmark, like, and comment. Thank you all, and feel free to leave comments below; I will reply to each one.

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