Mu Feng 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 at the daily level are showing a bullish golden cross with continued volume. In terms of BOLL, the price has risen above the middle track. The short-term market belongs to a "rise first, then a fall" scenario. Overall, looking back, it is still in a consolidation phase. Although the price faced setbacks during the early morning, the technical aspects of the daily and 12-hour charts remain quite strong. Even though the MACD and KDJ show some fluctuations in the short term, it’s not a major issue. 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 just a false signal to induce selling. Therefore, I personally suggest focusing on long positions on dips in the short term (considering the weekend is coming, the trading volume is expected to be weak, so currently, it is still advisable to trade with light positions, reducing the size of each entry and entering in batches will be relatively safer). Specific points of reference are as follows:
BTC: 92000-91500 long, target 94000, stop-loss 90500
ETH: near 3160-3130 long, target 3240, stop-loss 3080
The above are my personal intraday trading suggestions. The market is constantly changing, and this article has a certain degree of lag, so it is for your reference only. Specific operations should be based on real-time guidance in the actual market #比特币VS代币化黄金 #美SEC推动加密创新监管 #加密市场观察

