Analyst Chen Shu: Short-term pullback focus on pullback strength on July 12, midnight market analysis / accompanying trading strategy

Market Analysis: Bitcoin's daily chart shows a small bullish candle forming again, with prices rising to the 11.88 resistance level. Currently, there is a slight pullback, and attention should be paid to the strength of this pullback. Support below is at 10.65 and 10.5; if these levels are lost, a short-term pullback correction may occur. Ethereum's daily chart is currently forming a small bullish candle, with support focusing on today's pullback at the 2915 level. If this level is lost, a short-term pullback correction will occur. For now, focus on the strength of the pullback.

Trading Strategy (Published at 01:00):

BTC: Buy at 11.65, add to long position at 11.55 on pullback, target 11.75/11.8, short at 11.8/11.88 looking for a pullback of around 2000 points. ETH: Buy at 2920, add to long position at 2860 on pullback, target 2980/3020, short at 2985/3020 looking for a pullback of 5-80 points.

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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