Mu Feng's Trend Analysis: 1.25 Evening Bitcoin/Ethereum Trading Strategy



Over the weekend, market trading volume was generally weak. In the very short term, expect narrow-range consolidation within the box. The daily KDJ and MACD indicators are turning downward again, with the BOLL lower band continuing to open sharply downward. The main chart's MA5 and MA10 moving averages are also persistently showing strong downward pressure, while the MA30 high point indicates a sideways downward trend. The 12-hour KDJ and MACD are showing slight contraction in bearish momentum, with the BOLL remaining extremely strong in its downward trend, and the lower band dropping significantly; the main chart's MA lines are resonating downward at different amplitudes, clearly indicating that the short-term bears are in control. However, current trading volume continues to decline, so short-term volatility is unlikely to be significant. Expect sideways consolidation within a range, and after the oscillation ends, further volume expansion and decline are likely. Therefore, in the short term, we suggest participating with a shorting strategy on rebounds. Specific entry points can be referenced as follows:

BTC: Short at 89500-90000, target 87500

ETH: Short near 2960-2980, target 2880

The above are personal evening trading suggestions. Market conditions change rapidly, and the article may be somewhat lagging. Please follow real-time guidance for specific operations.
BTC-1,47%
ETH-2,2%
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MufengLooksAtTheTrenvip
· 3h ago
New Year Wealth Explosion 🤑
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