Analyst Chen Shu: 10.2 saw a sharp rise, focusing on the 120,000 integer mark above, Bitcoin and Ethereum trend analysis

Analyst Chen Shu: The sharp rise on October 2nd focused attention on the 120,000 mark. Bitcoin and Ethereum Trend Analysis: Bitcoin, on the daily chart, saw a sharp rise yesterday, breaking above the 60-day MA at 11.40. The upper resistance level is the previous high of 120,000. Watch for a breakout and stabilization of this level, which can be considered the current short-term rebound resistance level. Support is at the previous high of 11.70. A pullback to 11.70 could signal a top-bottom reversal. Short-term support for pullbacks is at the 4-hour MA5-day moving average and the 1-hour MA5/10-day moving averages. Ethereum, on the daily chart, also saw a positive close yesterday, rebounding to the 60-day MA at 4330/4350. Short-term support is at 4350. If it holds, further upward movement is expected. On the 4-hour chart, the price has rebounded to the short-term resistance level of the 256-day MA at 4380. Watch for a breakout of this resistance level. Midday trading strategy (writing time: 12:00): BTC: long at 11.7, add to long positions on a pullback to 11.6, target 11.8/11.9; above 120,000/12.1, short, see a 1-2000 point pullback ETH: long at 4300, add to long positions on a pullback to 4250, target 4260/4400; above 4450/4500, short, see a 6-100 point pullback The daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone will click on the free follow, favorite, like and comment, thank you, everyone is welcome to leave a message below to discuss, I will reply one by one