Mu Feng's Trend Watch: 12.29 Evening Bitcoin/Ethereum Trading Suggestions
The weekly KDJ indicator is slightly turning upward, and the MACD shows that the bearish momentum is gradually decreasing, but the DIF and DEA continue to turn downward, exerting pressure. The BOLL indicator is also continuing to decline, with the lower band opening wider, indicating that market selling pressure remains high. On the daily chart, today's KDJ and MACD indicators show a small bullish crossover, and the price on the BOLL is near the middle band but has not broken through effectively. Personally, I believe that the rebound in the morning did not damage the daily middle band, so the market is likely to continue weakening and trending southward. Overall, it remains sideways with oscillations. The trading strategy is to treat rebounds as opportunities to short. Specific levels can refer to:
Bitcoin: Short at 88000-88500, target 86000
Ethereum: Short around 2980-3000, target 2880
The above are my personal evening trading suggestions, for your reference only#2025Gate年度账单
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Mu Feng's Trend Watch: 12.29 Evening Bitcoin/Ethereum Trading Suggestions
The weekly KDJ indicator is slightly turning upward, and the MACD shows that the bearish momentum is gradually decreasing, but the DIF and DEA continue to turn downward, exerting pressure. The BOLL indicator is also continuing to decline, with the lower band opening wider, indicating that market selling pressure remains high. On the daily chart, today's KDJ and MACD indicators show a small bullish crossover, and the price on the BOLL is near the middle band but has not broken through effectively. Personally, I believe that the rebound in the morning did not damage the daily middle band, so the market is likely to continue weakening and trending southward. Overall, it remains sideways with oscillations. The trading strategy is to treat rebounds as opportunities to short. Specific levels can refer to:
Bitcoin: Short at 88000-88500, target 86000
Ethereum: Short around 2980-3000, target 2880
The above are my personal evening trading suggestions, for your reference only#2025Gate年度账单