Mufeng's Trend Analysis: Mainstream coins are showing strong upward momentum. Will it rise to 60,000 today?

CN
1 year ago

The daily chart of BTC ended with a large bullish candle, and the continuous breakthrough and upward trend were relatively strong. Intraday, it once again led the rise, and the current price is running around 59000, stabilizing above the upper rail of the daily chart, with potential for further upward movement. Looking at the four-hour chart, the BOLL channel continues to open upwards, and the price stabilizes above the middle rail with signs of breaking through the upper rail. The KDJ/RSI indicators continue to diverge upwards, and the MACD green energy column continues to shrink. For intraday operations, it is recommended to wait for a pullback first, and then gradually open long positions in batches for more stability, and to control positions reasonably.

The daily chart of ETH ended with a strong bullish trend, but the momentum is relatively weak compared to the overall market. The slow bull market pattern is still active, and the current price has broken through the 3300 level, with market greed soaring and one-sided breakthroughs and washouts. Looking at the four-hour chart, the BOLL channel continues to open strongly upwards, and the price has repeatedly tested highs after breaking through the middle rail, with the bullish momentum not weakening. Looking at the attached chart, the KDJ is once again diverging upwards, and the MACD fast and slow lines have a golden cross with overbought shrinkage. For intraday operations, it is suggested to enter with a small pullback and follow the trend, and to control positions reasonably. Specific entry points can be referred to as follows:

btc: Long at 58800-58500, target 60500, stop loss at 58300

eth: Long near 3300-3280, target 3400, stop loss at 3250

The above suggestions are for reference only. For specific operations, please refer to real-time guidance based on actual trading. "Public Account: Mu Feng Looks at Trends" welcomes learning and communication together!

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