Mu Feng looks at the trend: 8.6 Bitcoin/Ethereum market analysis with operational suggestions.

CN
8 hours ago

The daily level of Bitcoin/Ethereum currently shows a slight upward turn in the KDJ indicator's golden cross, while the MACD continues to oscillate downward overall. The BOLL is moving upward, and the low point MA30 is consistently moving upward, indicating that the trend is continuously rising and that market buy orders are continuously flowing in.

At the 12-hour level, the KDJ golden cross is strengthening, while the BOLL and MACD are overall in a flat oscillation phase. The MA10 daily moving average has shifted from a downward trend to a flat oscillation. Therefore, overall, the intraday trend is still leaning towards a primary oscillation upward. It is recommended to consider going long on pullbacks, with specific points as follows:

BTC: Long at 113500-113000, target 115500

ETH: Long around 3600-3580, target 3680

The above are personal intraday trading suggestions. Market conditions change 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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