Analyst Chen Shu: The 9.17 strategy has successfully profited and is waiting for the implementation of the interest rate cut. The midday Bitcoin and Ethereum market analysis strategy
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Analyst Chen Shu: The September 17th strategy was a success, awaiting the implementation of the interest rate cut. Midday Bitcoin and Ethereum market analysis strategy. Yesterday's midday analysis article suggested a long position on Ethereum at 4430. After the market corrected, we successfully entered the market, and the market rebounded to a high of 4550, successfully capturing 120 pips on the long position. Congratulations to those who followed the trend. Looking at the daily chart, Bitcoin closed with a positive candlestick yesterday, and the price is currently holding above the 60-day moving average. In the short term, it is currently trading at 11.7. Above resistance is at 11.85. Tonight's interest rate decision will determine the short-term price direction. It's best not to anticipate market data. It's recommended to set stop-loss and take-profit orders. We believe the market will rally before falling in the evening, and we recommend being flexible in responding to specific trading opportunities. Looking at the daily chart, Ethereum saw a rebound yesterday after retracing to the 30-day moving average. This level is forming short-term support, with 4450 as a key support level. On the one-hour chart, the price rebounded after retracing to the 256-day moving average. This support level can be considered a watershed for short-term bullish and bearish trading. Lunchtime operation ideas (writing time: 15:00):
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