Mu Feng's Trend Watch: Trading Suggestions for Bitcoin/Ethereum on the Evening of 12.27
The daily KDJ and MACD continue to hover around the midline, oscillating sideways. The BOLL indicator still shows a overall downward trend with a slight opening of the lower band. The 12-hour KDJ and MACD remain oscillating. On the main chart, the MA three-day moving averages are still in a bearish alignment. Trading volume is relatively weak. It is advisable to take profits quickly when the market moves favorably for short-term trades. Overall, the market is expected to remain sideways in the near term, with a strategy of shorting on rebounds. Specific levels can be referenced as follows:
Bitcoin: Short at 88000-88500, target 86000
Ethereum: Short around 2950-2980, target 2870
The above are personal evening trading suggestions for reference only.
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Mu Feng's Trend Watch: Trading Suggestions for Bitcoin/Ethereum on the Evening of 12.27
The daily KDJ and MACD continue to hover around the midline, oscillating sideways. The BOLL indicator still shows a overall downward trend with a slight opening of the lower band. The 12-hour KDJ and MACD remain oscillating. On the main chart, the MA three-day moving averages are still in a bearish alignment. Trading volume is relatively weak. It is advisable to take profits quickly when the market moves favorably for short-term trades. Overall, the market is expected to remain sideways in the near term, with a strategy of shorting on rebounds. Specific levels can be referenced as follows:
Bitcoin: Short at 88000-88500, target 86000
Ethereum: Short around 2950-2980, target 2870
The above are personal evening trading suggestions for reference only.