Analyst Chen Shu: 9.12 short-term rebound focuses on 11.4 support, midday Bitcoin and Ethereum market analysis strategy

Analyst Chen Shu: The short-term rebound on September 12th focuses on support at 11.4. Midday Bitcoin and Ethereum market analysis strategy. Yesterday's midday analysis article suggested a long position on Ethereum at 4415. The market pulled back and successfully entered the market, reaching the target point and profiting over 100 pips. Congratulations to those who followed the trade. Looking at the daily chart, Bitcoin closed with a positive candlestick yesterday, testing the MA60-day moving average at 11.52. Focus will be on whether the price can sustain a rebound and stabilize above 11.52. In the short term, the 4-hour MA256-day moving average is a short-term support and resistance level. Watch for this support level to hold and form a new rebound trend. Resistance is at the previous high of 11.68. Looking at the daily chart, Ethereum has rebounded for two consecutive days, breaking above the 30-day moving average (MA) at 4420. Focus on the short-term continuation of the rebound. The 4-hour chart has broken through the 120-day moving average (MA) at 4430, signaling a return to a rebound in the short term. Support should focus on the previous resistance level at 4430, while resistance should focus on the 4650 level. Midday Trading Strategy (written at 3:30 PM): BTC: Buy at 11.45, increase long positions on a pullback to 11.38, targeting 11.55/11.65; short at 11.68/11.75, anticipating a 1-2000-point pullback. ETH: Buy at 4520, increase long positions at 4460, targeting 4588/4630; short at 4600/4650, anticipating a 100-point pullback. Daily analysis strategies have a very high winning rate! Analysis is not easy, I hope everyone can click on a free follow, favorite, like and comment, thank you everyone, welcome to leave a message below to discuss and I will reply one by one