Analyst Chen Shu: On February 12, Bitcoin and Ethereum short positions entered the market accurately for profit, pay attention to the strength of the rebound

Looking at Bitcoin from the daily chart, the daily decline has slowed but has not stopped. The upper pressure level is still concerned with the MA5/10-day moving average at 6.95. From the 4-hour level, the short-term pressure level focuses on the 6.9 line, which is the MA30-day moving average resistance level. The upper pressure point is focused on the 7.15 line. From the 1-hour level, the short-term still holds the upper pressure level in check, waiting for the pressure level to break.

Looking at Ethereum from the daily chart, the daily pressure level focuses on the MA5/10-day moving average at the 2020-2050 line. From the 4-hour level, focus on the MA30/60-day moving average at the 2040-2090 line. If this line can be broken, it is expected to continue to maintain an upward rebound trend. Conversely, if it cannot break and stabilize above this line, it will continue to maintain a weak oscillation pattern.

Afternoon operation strategy (writing time: 12:10):

BTC: Short at 6.9, add short at 7.1 on the rebound, target 6.7/6.6; buy at 6.55/6.45 looking for a 2000-point rebound

ETH: Short at 2020, add short at 2100 on the rebound, target 1950/1900; buy at 1900/1850 looking for around a 100-point rebound

Daily analysis strategy has a high win rate! Analysis is not easy, I hope everyone can give a free follow, bookmark, like, and comment. Thank you, everyone, and feel free to leave messages for discussion below, I will respond to each one.

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