Mu Feng's Trend Watch: 1.9 Evening Bitcoin/Ethereum Trading Suggestions
Yesterday's rebound short strategy once again achieved good gains. Today, the market's KDJ dead cross continues to weaken, MACD bullish momentum continues to shrink, and BOLL shows a weakening upward movement. On the 12-hour chart, the KDJ and MACD dead crosses are resonating downward. The trading volume today is not too weak, indicating that there are still fluctuations to operate on in the future. Regarding the main chart, the MA5 and MA10 are crossing downward and suppressing the price, while the MA30 continues to weaken downward. Overall, the short-term trend remains bearish. It is recommended to adopt a rebound shorting approach. Specific levels can be referenced as follows:
Bitcoin: Short at 90500-91000, target 89000
Ethereum: Short around 3100-3130, target 3030
The above are personal evening trading suggestions for reference only.
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Mu Feng's Trend Watch: 1.9 Evening Bitcoin/Ethereum Trading Suggestions
Yesterday's rebound short strategy once again achieved good gains. Today, the market's KDJ dead cross continues to weaken, MACD bullish momentum continues to shrink, and BOLL shows a weakening upward movement. On the 12-hour chart, the KDJ and MACD dead crosses are resonating downward. The trading volume today is not too weak, indicating that there are still fluctuations to operate on in the future. Regarding the main chart, the MA5 and MA10 are crossing downward and suppressing the price, while the MA30 continues to weaken downward. Overall, the short-term trend remains bearish. It is recommended to adopt a rebound shorting approach. Specific levels can be referenced as follows:
Bitcoin: Short at 90500-91000, target 89000
Ethereum: Short around 3100-3130, target 3030
The above are personal evening trading suggestions for reference only.