Mufeng's Trend Analysis: Mainstream coins are consolidating and oscillating in the short term. After a partial correction, we continue to look for upward exploration.

CN
1 year ago

Bitcoin/Ethereum are currently consolidating at the daily level, with the price continuing to fluctuate. The MACD continues to run in a shrinking volume of short positions, while the long positions show a slight upward trend. The upper band of the Bollinger Bands has shown an opening change in the current price. Looking at the 4-hour level, the short-term MACD shows a bearish trend with increasing volume, and the short-term KDJ shows a downward oscillation. However, the three-line indicators have shown a slight upward turn, indicating that there is still strong buying support at the bottom. The intraday sentiment is still inclined towards a fluctuating upward trend. The future operation suggestion is to focus on retracement for long positions. Specific points can be referred to as follows:

BTC: Long at 64300-64000, target 65500

ETH: Long near 3350-3330, target 3430

The above suggestions are for reference only. Please refer to real-time guidance for specific operations. "Public Account: Mufeng Looks at Trends" welcomes learning and communication together!

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