Mu Feng looks at the trend: Analysis of Bitcoin/Ethereum market on the evening of April 10 with operational suggestions.

CN
8 days ago

From a technical structure perspective, the daily KDJ has slightly turned upward, but the MACD and BOLL indicators continue to trend downward overall. Although today's price has closed above the MA5 moving average on the main chart, it is important to note that the MA three-day moving averages are consistently resonating downward, indicating that the selling pressure above remains strong.

At the 12-hour level, both KDJ and MACD have shown a slight upward turn in the ultra-short term, but the indicators are still oscillating below the mid-range area. The BOLL indicator continues to trend downward, while the MA5 moving average has shown a slight upward turn, but the MA10 and MA30 are still pressing downward. Overall, the short-term indicators turning upward are for a technical adjustment in the ultra-short term. For the evening short-term outlook, I still expect a downward oscillation. Specific points of reference are as follows:

BTC: Short at 82500-83000, target 80500

ETH: Short around 1620-1640, target 1560

The above are my personal trading suggestions for the evening. The market is constantly changing, and this article may have some lag. Specific operations should be based on real-time guidance. If you have any questions, feel free to consult.

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