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Mu Feng looks at the trend: Interpretation of the market trend on the evening of March 3 and operational ideas.

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幕枫看趋势
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1 year ago
AI summarizes in 5 seconds.

From a weekly perspective, the current KDJ and MACD have crossed downwards again, and the lower Bollinger Band has shown a slight opening change. In terms of trading volume, this week has seen a huge amount (the volume currently shows only second to last week, indicating that this week's fluctuations will not be weak). On the daily level, the current KDJ and MACD upward momentum is hindered, and the price has hit the middle Bollinger Band before facing a setback (indicating that there is still strong pressure above, and the recent high point coincides with the support area of the previous round). The MA5 daily moving average has also shown a weakening in its upward momentum. In summary, for evening operations, one can short on rebounds, with specific points of reference as follows:

BTC: Short at 94000-94500, target 92000

ETH: Short around 2400-2430, target 2330

The above is my personal analysis of the evening market, for reference only. Feel free to exchange and learn together!

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