Analyst Chen Shu: Bitcoin and Ethereum are consolidating sideways on the daily chart and are poised for an upward breakout. (February 10th)

Analyst Chen Shu: Bitcoin and Ethereum are consolidating sideways on the daily chart, with a potential upward breakout. Looking at the daily chart for Bitcoin, three consecutive trading days have seen small doji candlesticks, with the price remaining below the 10-day moving average (MA10). Short-term focus is on the breakout direction after this consolidation. If it breaks through and holds above the MA10, the rebound is expected to continue upward. On the 4-hour chart, the price is currently adjusting downwards along with the MA30, but remains above this level. On the 1-hour chart, the short-term support is around the MA120 at 6.9, and the resistance is around the MA256 at 7.4. Ethereum, on the daily chart, has seen three consecutive small red candlesticks, remaining above 2000. Currently, it appears to have initially stabilized. The focus is on whether the rebound can continue to test higher levels. The resistance is around the 1-hour MA256 at 2220, and the support is around 2050. The recommended strategy is to trade within a range with a slight upward bias. Midday Trading Strategy (Written at 11:30 AM): BTC: Buy at 6.9, add to long position on pullback to 6.8, target 7.1/7.3; Sell at 7.25/7.4 with a target of 2000. ETH: Buy at 2050, add to long position on pullback to 2000, target 2120/2160; Sell at 2180/2250 with a target of 6-100 points. Daily analysis strategies have a very high win rate! Analysis is hard work, so please give a free follow, save, like, and comment. Thank you! Welcome to leave comments below for discussion; I will reply to each one.