Mufeng's Trend Analysis: Market Analysis on 3/11 with Operation Suggestions Attached

CN
1 year ago

From a technical perspective, the overall trend of Bitcoin/Ethereum yesterday was oscillating and rising. The MA trend is increasing towards the short-term peak, and the KDJ three lines are diverging at a high level. The high points of the price are continuously being refreshed, indicating that the market will enter a phase of high-level correction in the short term. On the four-hour timeframe, the Bollinger Bands are currently in an expanding state, and the MACD bullish volume column is running with reduced volume, being blocked at the upper rail. The KDJ three lines show signs of turning downward and crossing, after the market enters the pull-up phase, it needs to consolidate and repair. Short-term pullbacks are also an objective law in the market. It is expected that there will be a volume change in the early morning and during the day session. The intraday trading strategy suggests focusing on short positions. Specific points can be referred to: Chart

btc: Short at 72600-72800, target 71300

eth: Short near 4050-4070, target 3950

The above suggestions are for reference only. For specific operations, please follow real-time guidance in actual trading. "Public Number: Mu Feng Looks at Trends" welcomes everyone to exchange and learn together! Profile

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