Mu Feng's Trend Analysis: 1.30 Bitcoin/Ethereum Evening Market Breakdown and Trading Recommendations

Yesterday's decline broke the calm, including a sharp drop in prices during the early morning hours. Our previously planned short-selling strategy was validated as expected, and overall gains were quite good.

On the daily chart, today's KDJ, MACD, and BOLL indicators show strong bearish momentum moving south in resonance. The main chart's MA three-day moving average is being suppressed by different degrees of resonance-driven decline. The 12-hour KDJ has a dead cross downward, and MACD shows a bottom crossover downward (bottom dead cross indicates strong selling pressure and a dominant bearish sentiment). The BOLL indicator continues to decline strongly, with the lower band opening up. Therefore, tonight we continue to maintain a short bias, with a recommended trading approach mainly focusing on high short positions. Specific levels can be referenced as follows:

BTC: Short at 83,500-84,000, target 81,000

ETH: Short around 2,770-2,800, target 2,670

The above are personal evening trading suggestions. Market conditions are constantly changing, and the article may be somewhat lagging. Please follow real-time guidance for specific operations. #贵金属行情下跌