Mu Feng looks at the trend: 5.6 Bitcoin/Ethereum market analysis with operational suggestions.

CN
8 hours ago

From a technical structure perspective, the daily technical changes for Bitcoin/Ethereum are not too significant. Compared to yesterday, the current MACD's bearish contraction sentiment is noticeably stronger. The main chart shows that the MA5 has continued to rise today, and the price is gradually pushing along the MA5 with a slow increase in bullish volume. Overall, there is still room for short-term upward movement.

Looking at the 12-hour level, the current KDJ and MACD indicators show a golden cross with bullish volume, and the BOLL is also in a rebound phase. In the main chart, the MA5 and MA10 daily moving averages are both trending upwards, indicating a strengthening trend. Therefore, in the short term, we can naturally expect continued oscillation and upward movement. In terms of operations, one can buy in batches at lower levels during pullbacks. Specific points of reference are as follows:

BTC: Buy around 94000-93500, target 97000

ETH: Buy around 1800-1780, target 1870

The above are personal intraday trading suggestions. Market conditions change rapidly, and the 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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