Mu Feng's Trend Watch: 1.8 Evening Bitcoin/Ethereum Trading Suggestions
Yesterday's rebound and short-selling approach overall aligned with expectations. The main market today shows KDJ death cross turning downward, MACD bullish momentum continues to shrink, and BOLL bands are narrowing overall; on the 12-hour chart, the current KDJ and MACD bullish sentiment is diminishing, and the price is retracing towards the middle band of the BOLL. On the main chart, the MA5 and MA10 moving averages are both turning downward today. For intraday short-term trading, we continue to expect oscillating downward movement. The operational approach is still to treat rebounds as shorting opportunities. Specific levels can be referenced as follows:
Bitcoin: Short at 90500-91000, target 89000
Ethereum: Short around 3130-3160, target 3050
The above are personal intraday trading suggestions for reference only.
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GateUser-09fd9666
· 01-09 01:17
Very good information, thank you for sharing. Happy New Year, may all your wishes come true.
Mu Feng's Trend Watch: 1.8 Evening Bitcoin/Ethereum Trading Suggestions
Yesterday's rebound and short-selling approach overall aligned with expectations. The main market today shows KDJ death cross turning downward, MACD bullish momentum continues to shrink, and BOLL bands are narrowing overall; on the 12-hour chart, the current KDJ and MACD bullish sentiment is diminishing, and the price is retracing towards the middle band of the BOLL. On the main chart, the MA5 and MA10 moving averages are both turning downward today. For intraday short-term trading, we continue to expect oscillating downward movement. The operational approach is still to treat rebounds as shorting opportunities. Specific levels can be referenced as follows:
Bitcoin: Short at 90500-91000, target 89000
Ethereum: Short around 3130-3160, target 3050
The above are personal intraday trading suggestions for reference only.