Analyst Chen Shu: 3.1 noon BTC, ETH market strategy report, market deep dive Rebound short-term should not be overly bearish



From the daily chart of BTC, yesterday's daily chart showed a long lower shadow green candle, and today it rebounded to the MA5 moving average with a red candle, touching near the MA256 daily moving average. The short-term downtrend has basically stopped for now, and there is a gradual rebound. Pay attention to whether the price can stay above the MA5 moving average intraday. Looking at the 4-hour chart, there is a continuous rebound breaking through the resistance of MA5/10 moving averages to the MA30 moving average. Focus on whether it can break through the MA30 moving average, which is at 9.7. The key short-term resistance levels are the MA60 moving average at 9.2 and the previous bottom support at 9.5.

From the daily chart of ETH, it can be seen that it synchronously received a green candle with a lower shadow yesterday. Preliminary observation on the daily chart shows a double bottom test around the 2100 line. If the 2100 line can be held, it will form a double bottom structure on the daily and weekly charts, driving the price to rebound. On the 4-hour chart, continuous receipt of red candles breaking through the MA5/10 moving average above, pay attention to whether the retracement is supported.

Midday trading strategy (drafting time: 14:30):

BTC: Current price is 8.5, lightly long, add long positions on a pullback to 8.38, target is 9.2/90,000; Consider light short positions for a rebound towards 9.2/9.4 above.

ETH: Long with light position at the current price of 2235, add position long at 2200 on pullback, target 2350/2500;

Daily analysis strategy has a super high winning rate! Analysis is not easy, I hope everyone can click to follow, bookmark, like, and comment for free, thank you all, and welcome everyone to leave a message below for discussion, I will reply one by one!

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Huseyn3257vip
· 2025-03-01 06:34
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