$BTC $ETH Trader Yuxin! 3.1 Bitcoin and Ethereum surge and retrace, operate with a view of oscillation

      From the daily chart, Bitcoin's price dropped sharply yesterday and then recovered, forming a red hammer candlestick. The overall market is still oscillating around the MA5/10 daily moving averages. Short-term resistance continues to focus on the MA30 daily moving average at 6.9, and on the 4-hour chart, it still remains below the MA120 at 6.75. Until it breaks through and stabilizes above this level, it should be viewed as oscillating. Meanwhile, short-term attention should be paid to the MA256 hourly moving average at 6.65. It is expected that the short-term will continue to oscillate around 6.65.
      Ethereum, from the daily chart, also formed a red hammer candlestick yesterday and continued to rebound today, testing the MA30 at 2035. Short-term focus is on whether it can break through 2035. On the 4-hour chart, it is currently above the MA120 at 1970. If it can stay above this level, it may continue to rebound toward 2300. On the 1-hour chart, watch the gain or loss of the MA256 at 1950.
     Midday trading ideas (draft time: 18:40):
  BTC: Long at 6.55, add on dips at 6.45, target 6.75/6.85; short above 6.85/6.95 expecting a 2000-point pullback
  ETH: Long at 1930, add on dips at 1860, target 2000/2050; short above 2050/2100 expecting a 100-point pullback
  Daily analysis strategy has a very high success rate! Analysis is not easy. Please give a free follow, bookmark, like, and comment. Thank you all. Feel free to leave comments below; I will reply one by one.