Mu Feng Analyzes Trends: 2.3 BTC/ETH Evening Market Analysis and Trading Suggestions



Weekly Chart: KDJ and MACD remain in a downtrend, BOLL oscillates with resistance, MA5/MA10 face downward pressure, MA30 shows a slight turn upward, aligning with the monthly bearish trend. However, the price has a gap with MA5 and is close to the lower BOLL band, limiting downside potential. Short-term technical rebound is expected before the week ends, with the target focusing around MA5.

Daily Chart: KDJ, MACD, and BOLL all decline together, with moving averages in a bearish arrangement. The gap between the price and MA5 has disappeared, making a rebound difficult and increasing selling pressure.

12-Hour Chart: KDJ shows a slight upward turn from low levels, MACD and BOLL continue to oscillate downward (lower band opening), with strong bearish MA signals. However, TD has stabilized above the red TD9 line, indicating a short-term technical correction. Trading should focus on pullback buy strategies.

Trading Suggestions:

• BTC: Buy around 77,000-77,500, target 79,500

• ETH: Buy around 2,230-2,250, target 2,350

Note: Personal advice; markets are highly volatile, and there may be delays in the analysis. Please follow real-time guidance for specific operations.
BTC-5,73%
ETH-8,8%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)