Analyst Chen Shu: The bullish trend on October 10th continues, focusing on the key resistance of December 3rd, Bitcoin and Ethereum trend analysis

Analyst Chen Shu: The bullish trend on October 10 continues, and attention should be paid to the key pressure of 12.3. Bitcoin and Ethereum trend analysis: Bitcoin can be seen from the daily chart. The daily highs of the consecutive days of fluctuations have continued to decline. The current price is mainly fluctuating around the daily MA10 moving average. In the 4-hour chart, the high pressure of the two previous highs and lows is at 12.4, and the short-term pressure level is the MA30-day moving average of 12.8. Only when this line is broken through and stabilized will the bulls make another upward move. The short-term support level can focus on the MA256-day moving average of 12.05. Pay attention to whether the price can hold and rebound again when it falls back to this line. Looking at the daily chart, Ethereum closed with a bearish candle yesterday, breaking below the 30-day moving average support level of 4380. Focus on the 4380-4400 price range for today. If it holds again, the decline will end. Conversely, if it remains below this level, the trend will remain weak. The 1/4-hour resistance level is 4380/44300. Focus on whether it breaks through this level and holds. Midday Trading Strategy (written at 3:10 PM): BTC: Short at 12.26, increase shorts on a rebound to 12.38, targeting 12.10/120,000. Buy at 12.05/11.95, looking for a 1-2,000 point rebound. ETH: Short at 4380/4430, targeting 4300/4250. Long positions follow Bitcoin's daily analysis strategy, which has a very high win rate! Analysis is not easy, so please give me a free follow, favorite, like, and comment. Thank you! Feel free to leave a comment below and I'll reply to everyone.