Mu Feng looks at the trend: Interpretation of the market trend in the early morning of 2/11 and operational ideas.

CN
1 year ago

The overall market trend during the day is showing a range-bound fluctuation. Our pre-arranged strategy of shorting on rebounds has been set to enter the Bitcoin range of 98000-98500; for Ethereum, we are looking to short around 2660-2690, and we have already captured some space. A short-term technical rebound followed by a slight pullback aligns with the analysis for the day. Currently, the KDJ and MACD indicators show a decrease in bearish sentiment, but the MACD indicator continues to move downward. In terms of BOLL, the overall trend continues to oscillate downward. On the main chart, the three-day MA indicators are continuing to align downward with varying degrees of pressure. At present, the technical pressure remains quite strong. The recommendation for operations in the early morning is to continue shorting on highs. Specific entry points can refer to 98000 and the 2680 line, with targets unchanged at 95500 and 2560.

The above is my personal market analysis from the early morning, for reference only. For more real-time strategies and free guidance, click on the avatar to follow the homepage introduction. Welcome to exchange and learn together!

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