Analyst Chen Shu: 7.22 short-term stagnation, pay attention to whether there are opportunities for a pullback, midday Bitcoin and Ethereum market analysis strategy.



Bitcoin, from the daily chart perspective, closed below the MA0 daily moving average yesterday. If the short-term price continues to stay below the MA5/10 daily moving averages, the short-term rise may come to an end. First, pay attention to the strength of the pullback. Looking at the 4-hour chart, the key resistance level for the short-term is the MA60 daily moving average at 11.84. If it fails to regain this level, a pullback correction may occur. This level is also a key resistance level on the 1-hour chart at the MA256 daily moving average.

From the daily chart of Ethereum, yesterday's daily line formed a small red doji, with the price oscillating around the 3800 line in the short-term. Currently, the daily line shows a green candlestick, and the price has retraced to the MA5 moving average. Pay attention to the support and resistance of the MA5 moving average at 3660, while the resistance level is referenced at the 3750 line. The key support to watch is the 4-hour MA30 moving average at the 3640 line.

Midday operation strategy (written at: 14:30):

BTC: 11.83 short, 11.93 add short, target 11.7/11.6; 11.45/11.3 look for a rebound around 3000 points.

ETH: 3750 short, 3800 add short, target 3660/3630; look for a rebound of 5-80 points at 3660/3630.

Daily analysis strategy has a high win rate! Analysis is not easy, I hope everyone can click to follow, collect, like, and comment for free. Thank you all, and feel free to leave a message below for discussion; I will reply one by one #山寨季来了? .
BTC-0,96%
ETH1,33%
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Eda3334vip
· 2025-07-23 05:53
1000x Vibes 🤑
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Jhui25vip
· 2025-07-23 00:04
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