Mufeng Looks at Trends: Evening Bitcoin/Ethereum Trading Suggestions for 1.9

Yesterday's rebound short strategy once again achieved a good range. Today, the overall market KDJ death cross continues to weaken, and the MACD bullish momentum is still shrinking. In terms of BOLL, the upward momentum is weakening. The current KDJ and MACD death cross on the 12-hour level resonates with a downward trend. Today's trading volume is not too weak, indicating that there is still volatility to operate in the future. On the main chart, the MA5 and MA10 cross downward, putting pressure on the market, while the MA30 continues to weaken and move downward. Therefore, overall, the short-term trend is still bearish. It is recommended to treat operations with a rebound short strategy. Specific points of reference are 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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