Mu Feng's Trend Watch: Analysis of Bitcoin/Ethereum Market and Trading Suggestions for the Evening of 12.18



From a technical perspective, the daily KDJ and MACD indicators for Bitcoin/Ethereum have formed death crosses heading south today. The lower Bollinger Band remains slightly opening downward. The main chart's MA three-day moving averages are resonating downward at different amplitudes, indicating that the current dominant trend is still bearish. On the 12-hour chart, the KDJ, MACD, and Bollinger Bands are all resonating bearish, with the MA three-day moving averages also declining at different levels. For intraday trading, it is recommended to mainly adopt a short-selling strategy. Specific levels can be referenced as follows:

BTC: Short at 87,500-88,000, target 86,000

ETH: Short around 2,860-2,880, target 2,780

The above are personal evening trading suggestions, for your reference only. #GateLaunchpadKDK认购上线
BTC0.25%
ETH-0.26%
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