Analyst Chen Shu: 4.24 Afternoon Strategy Effective Short Position Profits, Midnight Market Analysis / Accompanying Trading Strategy
The afternoon article analysis suggested shorting around 9.5 to look for a short-term pullback, with Ethereum providing a short position strategy at 1790/1830. The market movement is generally consistent with the afternoon article analysis, with short positions yielding profits of 2000/30 points. Congratulations to those who followed the article's strategy!
Market Analysis: Currently, from the market movement, Bitcoin has not been able to continue yesterday's significant upward trend. The daily candlestick is forming a green doji star. Pay attention to the changes in the midnight market trend. On the 4-hour chart, the short-term high is currently forming around the 9.5 level, while the support below still focuses on the MA120 daily moving average and the 9.16 level. For Ethereum, the movement is generally consistent with the afternoon article analysis, with the price forming a short-term resistance level at the MA256 daily moving average on the 4-hour chart. If it cannot stabilize above 1790, a short-term pullback will occur.
Trading Strategy (Published at: 00:30):
BTC: Current price 9.34 short, rebound at 9.4 short, target 9.25/9.15; buy at 9.23 below, add to long at 9.15 on pullback, target 9.35/9.4. ETH: Current price 1790 short, add to short at 1830 on rebound, target 1760/1730; long positions should follow Bitcoin's operations.
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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