#ETH走势分析 Chen Shu Analysis: Bitcoin and Ethereum Intraday Review, 4,000 Points from Long Already Secured—What’s Next?

Yesterday at noon, I suggested a long order at $BTC 8.8. After a pullback entry, it rallied up to around 9.2, capturing 4,000 points directly. The question now is: how far can this rebound go?

Looking at the Bitcoin daily chart, there have been two consecutive bullish candles, and the price is already approaching the MA30 daily moving average at 9.24—this is a key level. If it breaks and holds above 9.24, the rebound can continue; if it fails, we may see some short-term consolidation and adjustment. At this stage, I’m leaning towards a rebound trend, so keep a close eye on the performance at 9.24, with support below at around 9.1.

For $ETH, the daily chart is in line with the previous analysis, currently stuck at the key MA256 daily moving average at 3,190. If it breaks and holds above 3,190, the bulls can gain momentum to push higher; if the breakout fails, it will need to pull back and consolidate further, with short-term choppy movement expected. Also, watch the MA256 on the 4-hour chart at 3,250, which is another resistance level.

[Midday Trading Ideas] (Updated at 18:00)

$BTC: Go long at 9.1, add more if it drops to 90,000, with targets at 9.25 and 9.35; try short positions between 9.35 and 9.45, expecting a pullback of 1,000 to 2,000 points.

$ETH: Go long at 3,100, add more if it pulls back to 3,030, targeting 3,180 and 3,250; consider short positions in the 3,200 to 3,280 range, waiting for a correction of 600 to 1,000 points.

Technical analysis is only truly useful with your attention and feedback. Welcome to discuss and exchange ideas in the comments section~