Mu Feng's Trend Watching: Analysis of Bitcoin/Ethereum Market and Trading Suggestions for the Evening of 12.15



From a technical structure perspective, this week’s weekly KDJ indicator for Bitcoin/Ethereum shows a slight weakening in the decline. The MACD has been in a shrinking phase for three consecutive weeks, and last week showed signs of resistance and pullback. Technically, the main K line has formed an upward pin, indicating that selling pressure at the high points remains significant. Additionally, the DIF and DEA are in a continuous downward phase, and the lower band of the BOLL is also widening. Overall, this week may see a rebound followed by a decline, but the rebound is expected to be limited in time and strength.

On the daily chart, today’s KDJ and MACD indicators are both oscillating near the midline, with the BOLL approaching upward intraday. The main chart’s MA5 daily moving average continues to press downward, while the MA30 remains flat and oscillating at its lows. I personally expect the market to mainly move sideways with a slight upward bias in the short term tonight. Trading-wise, you can adopt a pullback buying strategy. Specific levels can be referenced as follows:

BTC: 87500-87000 long, target 89500

ETH: 3030-3000 long, target 3130

The above are my personal trading suggestions for tonight. Market conditions change rapidly, and the article may be somewhat lagging; it is for your reference only. Please rely on real-time market guidance for specific operations.
BTC-0.63%
ETH-0.46%
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MufengLooksAtTheTrenvip
· 12-15 15:18
Hop on board!🚗
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