From a technical perspective, the overall intraday price of Bitcoin/Ethereum is showing a downward trend, which is in line with my previous analysis. The daily level technical changes are not significant, still leaning towards a weakening bearish trend. The 12-hour KDJ and MACD indicators continue to show a bearish crossover and downward structure. In the BOLL indicator, the short-term price continues to oscillate and decline along the lower track. Currently, the bearish sentiment has not subsided. Looking at the 4-hour level, the MACD shows a weakening with the DIF turning downwards, indicating a potential increase in bearish volume. The BOLL indicator continues to oscillate downwards overall, with MA5 and MA10 continuing to press downwards, and the high point MA30 moving average showing a weakening signal with a red TD1. Therefore, the future operation is still recommended to focus on shorting the rebound. Specific reference points are as follows:
BTC: Short at 68700-69000, target 67400
ETH: Short near 3700-3730, target 3620
The above suggestions are for reference only. For specific operations, please follow real-time guidance based on actual trading. "Public Account: Mu Feng Looks at Trends" welcomes everyone to exchange and learn together!
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