Mufeng Looks at Trends: 12.5 Bitcoin/Ethereum Market Analysis with Trading Suggestions
From a technical perspective, the current KDJ and MACD indicators for Bitcoin/Ethereum on the daily chart show a golden cross with bullish momentum continuing to expand. In terms of BOLL, the current price has risen above the middle band. The short-term market is characterized by "initial rise followed by a pullback." Overall, upon review, it is still in a consolidation phase. Although the price faced setbacks during the early morning, the technical support on the daily and 12-hour charts remains quite strong. Although MACD and KDJ show some fluctuations in the short term, it is not a major concern. The 12-hour chart mainly focuses on the technical trends of MA5, MA30, and BOLL. As long as MA30 can hold, the short-term decline is merely a false signal for a short position. Therefore, in the short term, I personally suggest focusing on buying on dips (considering the weekend is approaching, the trading volume is expected to be weak, so it is advisable to trade with a light position to reduce the size of each entry and enter in batches for relative safety). Specific points of reference are as follows:
BTC: Buy around 92000-91500, target 94000, stop loss at 90500
ETH: Buy around 3160-3130, target 3240, stop loss at 3080
The above are personal intraday trading suggestions. The market is constantly changing, and this article has a certain lag, so it is for reference only. Specific operations should be based on real-time guidance in the market.
Disclaimer: This article represents only the personal views of the author and does not represent the position and views of this platform. This article is for information sharing only and does not constitute any investment advice to anyone. Any disputes between users and authors are unrelated to this platform. If the articles or images on the webpage involve infringement, please provide relevant proof of rights and identity documents and send an email to support@aicoin.com. The relevant staff of this platform will conduct an investigation.