Mu Feng Looks at Trends: 12.8 Bitcoin/Ethereum Market Analysis with Trading Suggestions

From a technical perspective, the KDJ indicator at the weekly level has shown a slight upward turn this week, and the MACD bearish signal has been reducing continuously. The KDJ and MACD indicators at the daily level are resonating upwards today, and the price in terms of BOLL is also actively sustained in the upper middle track area. Currently, the KDJ, MACD, and BOLL indicators are all turning upwards. The main chart's MA three-day averages are arranged upwards with different amplitudes, and the MA5 has been accelerating continuously last week. Therefore, we expect to see a rebound after the support holds, and in terms of trading, one can go long on retracements. Specific points of reference are as follows:

BTC: 91500-91000 long, target 93500

ETH: near 3140-3110 long, target 3220

The above is my personal trading suggestion for the day. The market changes rapidly, and the article has a certain degree of lag. It is for reference only; specific operations should follow real-time guidance based on live trading #比特币VS代币化黄金 #美SEC推动加密创新监管 #美联储重启降息步伐