Mufeng Looks at Trends: December 23 Evening Bitcoin/Ethereum Trading Suggestions

On the daily level, today's KDJ and MACD have weakened in their upward momentum. The technical charts over the past two days are in a consolidation phase. Regarding BOLL, yesterday's rebound strength did not pose a threat to the middle band, so the current downward pressure on the middle band indicates a lack of volume in the rebound, and the selling pressure from bears is still too strong. On the 12-hour level, the current KDJ and MACD bullish sentiment is hindered, with indicators showing a turning point. BOLL continues to oscillate downward overall, and the short-term outlook is expected to be sideways consolidation with a downward bias. In terms of trading, it is advisable to approach with a short position on rebounds. Specific points of reference are as follows:

Bitcoin: Short at 88000-88500, target 86000

Ethereum: Short near 2980-3000, target 2900

The above are personal evening trading suggestions for your reference only.

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