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Mu Feng looks at the trend: April 16 Bitcoin/Ethereum evening market analysis with operational suggestions.

CN
幕枫看趋势
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11 months ago
AI summarizes in 5 seconds.

The daily level of the cryptocurrency price is still oscillating and adjusting near the middle track. Currently, the KDJ and MACD indicators continue to fluctuate. In the main chart, the MA5 and MA10 are converging. From the daily perspective, all indicators are mutually restrictive, and overall, the short-term market is mainly characterized by sideways consolidation.

At the 12-hour level, the current MACD indicator is in a sideways oscillation phase, with the MACD short-term essentially running in a shrinking oscillation. The trading volume has been continuously decreasing, but the main chart's MA5 and MA10 daily moving averages are slightly rising in a sideways oscillation. Therefore, overall, there is rebound space in the short-term indicators. For evening operations, it is recommended to buy on dips in batches. Specific points of reference are as follows:

BTC: Buy around 83500-83000, target 85500

ETH: Buy around 1570-1550, target 1640

The above are personal evening operation suggestions. The market situation changes rapidly, and the article has a certain lag. Specific operations should be based on real-time guidance. If you have any questions, feel free to consult.

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Selected Articles by 幕枫看趋势

12 days ago
3.17 Bitcoin/Ethereum Evening Market Analysis and Trading Suggestions
13 days ago
Mu Feng looks at the trend: March 16 Bitcoin/Ethereum intraday market analysis with operation suggestions.
16 days ago
Mu Feng Looks at Trends: March 13 Bitcoin/Ethereum Intraday Market Analysis + Trading Suggestions
View More

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