Mu Feng Analyzes Trends: 2.2 Bitcoin/Ethereum Evening Market Analysis and Trading Recommendations
Daily Chart Level: KDJ bearish divergence with decreasing volume, BOLL lower band opening wide and breaking down, MACD remains strongly bearish, trading volume increasing (expect a rebound in the evening); MA moving averages show a death cross indicating a bearish trend, but the gap between the price and the 5-day MA widens, completing support level testing. Short-term technical rebound is highly probable, with resistance at the daily MA5.
12-Hour Chart Level: KDJ and MACD form a death cross and continue downward, BOLL lower band opening wide, MA moving averages aligned bearish; TD indicator enters red TD8, indicating a continuation of the daily technical rebound.
Trading Recommendations: Focus on buying during pullbacks
• BTC: 76,500-77,000 buy, target 79,000
• ETH: 2,240-2,260 buy, target 2,340
Note: Markets change rapidly, and there may be delays in the article. Please follow real-time guidance for specific operations.
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Mu Feng Analyzes Trends: 2.2 Bitcoin/Ethereum Evening Market Analysis and Trading Recommendations
Daily Chart Level: KDJ bearish divergence with decreasing volume, BOLL lower band opening wide and breaking down, MACD remains strongly bearish, trading volume increasing (expect a rebound in the evening); MA moving averages show a death cross indicating a bearish trend, but the gap between the price and the 5-day MA widens, completing support level testing. Short-term technical rebound is highly probable, with resistance at the daily MA5.
12-Hour Chart Level: KDJ and MACD form a death cross and continue downward, BOLL lower band opening wide, MA moving averages aligned bearish; TD indicator enters red TD8, indicating a continuation of the daily technical rebound.
Trading Recommendations: Focus on buying during pullbacks
• BTC: 76,500-77,000 buy, target 79,000
• ETH: 2,240-2,260 buy, target 2,340
Note: Markets change rapidly, and there may be delays in the article. Please follow real-time guidance for specific operations.