Mu Feng looks at the trend: 8.19 Bitcoin/Ethereum market analysis with operational suggestions.

CN
4 hours ago

Bitcoin/Ethereum daily level today shows a KDJ and MACD death cross resonance downward. Compared to yesterday, today's MACD death cross between DIF and DEA has successfully formed, and the downward amplitude of the indicators has slightly increased. In the BOLL, the current coin price is also experiencing a volatile decline. At the 12-hour level, the KDJ is oscillating downward, and the MACD death cross is moving significantly downward. The price in the BOLL has dropped below the middle track, and the lower track is also showing a slight opening in technical changes. Personally, I expect the overall short-term trend in the future to still lean towards a volatile downward movement. For intraday short positions, we continue to be bearish, and specific points can be referenced:

BTC: Short at 116000-116500, target 114000

ETH: Short around 4280-4300, target 4200

The above is my personal intraday trading suggestion. The market is changing 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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