Analyst Chen Shu: Yesterday's Bitcoin and Ethereum long/short strategies yielded profits. The oscillation center is at 9.06. Yesterday's analysis and strategy gave Bitcoin a long position at 9.05/8.95 and a short position at 9.2, while Ethereum was recommended to go long at 3085. Both strategies resulted in profits of 3000/50 points. Congratulations to those who followed the trades. Looking at the daily chart for Bitcoin, yesterday's price stopped its decline and stabilized around the 90,000 level, near the 60-day moving average (MA60). The key support level below remains the 30-day moving average (MA30) at 8.9. On the 4-hour chart, the 256-day moving average (MA256) provides support at 8.95. The key support level to watch for pullbacks is around this level. The resistance level is the 30-day moving average (MA30) at 9.2. Also, pay attention to the oscillation center at the 256-day moving average (MA256) at 9.06. From the daily chart, Ethereum has also retraced to the 30-day moving average (MA30) around 3030. The key support level to watch is this level. On the 4-hour chart, the 256-day moving average (MA256) is also around 3040. On the 1-hour chart, pay attention to the battle around the 256-day moving average (MA256) at 3100, which can be considered a short-term dividing line between bullish and bearish trends. Midday Trading Strategy (Written at: 14:20):
Analyst Chen Shu: Yesterday's long/short strategy for Bitcoin and Ethereum yielded profits; the key level to watch for fluctuations is 9.06.
2026-01-10 06:17:42
Share
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact
About MyToken:https://www.mytokencap.com/en/aboutusArticle Link:https://www.mytokencap.com/en/choicenews/2969489.html