#SOL or ETH, which one do you prefer? Analyst Chen Shu: 11.12 BTC, ETH market strategy at noon *1, Long has won a big victory, the market is still strong and has not peaked in the short term!

On November 11th, the midday analysis provided a Long strategy, 8.1/3150 Long. Yesterday, BTC surged by 10%, reaching a high of 8.95/3400 on the long order, capturing a profit of 8500/250 points. In recent days, only long order strategies have been provided in the articles, and the strong bullish trend has finally led to a pump. Currently, the short-term trend remains strong at high levels. Please see the following analysis for how to operate.
From the daily candlestick chart, BTC saw a 10% increase in the daily candlestick yesterday, which is relatively large in terms of daily gains. The price once approached $90,000. Although the daily candlestick is overbought, there is currently no sign of a top in the short term. Therefore, the operation should still be based on going long and abandoning the idea of going short. Follow the support of the 4-hour MA5/10 moving average until it falls below the 4-hour MA5/10 moving average, any pullback is only a signal for going long and it is not too late to go short after the 4-hour MA5/10 moving average falls. Stop loss is also necessary for long orders, and the strong fear of missing out is not a reference for us to predict the top.
From the daily candlestick chart, ETH made a pullback to the MA256 daily moving average (3060) support and then continued to rise. During the recent rise of BTC, ETH has not had a chance to catch up. However, there is still a chance for ETH to catch up by 2-300 points during the rise of BTC. For short-term trading, just focus on the MA5/10 moving averages. As long as it pulls back to the 4-hour MA5/10 moving averages, it's a good entry point for going long!
Midday Operation Ideas (Time of Composition: 14:40):
BTC: Long Position near 8.82, increase the position near 8.73, target is 1-1.5K points; Long order near 8.1 can be used for day trading back and forth.
ETH: Around 3320, Light Position long order at 3320, increase the position at 3270, target to watch 3450/3600; yesterday, long order around 3150, reduce position partially around 3500.
Note: Long! Long! Long! Let everyone go long before it breaks 80,000. The top is not predictable by you and me. Going long is more cost-effective than shorting, even if stop loss is used. BTC long positions can be directly increased by a few hundred points without dumping, without waiting for a big pullback, a small pullback is one of your few opportunities. For Ethereum, just look at the 4-hour MA5/10-day moving average to get on board (the cost-effectiveness of going long on Ethereum is much higher than that of BTC at the moment)
Daily analysis strategy has a very high win rate! Analysis is not easy. I hope everyone can click on a free follow, favorite, like, and comment. Thank you, everyone! Welcome to discuss in the comments below, and I will reply one by one!
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