Mu Feng's Trend Watch: 1.6 Evening Bitcoin/Ethereum Trading Recommendations



Today, KDJ, MACD, and BOLL still maintain bullish resonance. Overall, the daily chart is very strong. The 12-hour level currently shows continuous rises in KDJ and MACD, but the upward momentum of the indicators is somewhat strained. BOLL has widened overall, which also indicates that the market trend is opening up. As for technical correction, it is also necessary; even if prices continue to rise in the short term, technical repair and adjustment need to be completed. This is also a sign of accumulating strength. Therefore, at the current position, continuing to chase long positions is definitely riskier than the potential reward. For short-term trading, it is recommended to adopt a rebound shorting strategy. Specific levels can refer to:

Bitcoin: Short at 94,000-94,500, target 92,000

Ethereum: Short around 3,250-3,280, target 3,150

The above are personal evening trading suggestions, for your reference only#比特币六连涨
BTC-0,69%
ETH-1,2%
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