Mufeng's Trend Analysis: Close the short position for intraday high selling on 3/27 and take profit. How do you see the market in the future?

CN
1 year ago

Bitcoin/Ethereum's overall intraday market trend is oscillating downward, consistent with the previous short-selling strategy layout. Currently, the price has not effectively continued in either direction, and the overall fluctuation is not significant. From a technical perspective, the daily KDJ three-line MACD is bullish with intraday shrinking volume, indicating a tendency for oscillation. The Bollinger Bands are running flat, so the intraday fluctuation today is estimated to be not too strong.

On the short-term 4-hour level, after touching short-term support, the price has seen a slight rebound and rise. The KDJ and MACD are both bullish with increased volume, and the Bollinger Bands currently show a slight opening at the upper rail. Overall, multiple indicators are showing signs of warming up again, so the short-term suggestion for future market trends is to focus on oscillating upward. Specific entry points can be referred to as follows:

BTC: Long at 70000-69600, target 71000

ETH: Long near 3570-3540, target 3650

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 learning and communication together!

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