Analyst Chen Shu: The market on July 21 is once again strengthening and may break through 4000 USD, midnight market analysis / accompanying trading strategy.

Market Analysis: Bitcoin's daily chart currently shows no significant fluctuations, remaining slightly oscillating around the MA5/10-day moving averages. Short-term support to watch is 10.8. The 1-hour level MA256 moving average continues to rise, and as long as it stays above 11.78, the bullish outlook remains. As for Ethereum, it continues to break new highs during the day, with the daily chart set to once again close with a large bullish candle, soon breaking the 3800 resistance level. This round of rising has not experienced significant pullbacks or corrections, and the short-term trend still maintains a unilateral upward trend, with the upper resistance to watch at the 4000 dollar mark.

Trading Strategy (Posted at: 00:30):

BTC: 11.83 long, add long at 11.75 on pullback, target 11.9/120,000, 120,000/121,000 short looking for a pullback of around 2-3000 points.

ETH: over 3750, add more on a pullback to 3700, target 3800/3850, short position synchronized with Bitcoin

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