Mu Feng Looks at Trends: Evening Bitcoin/Ethereum Market Analysis and Operation Suggestions

The intraday market is overall in a fluctuating trend, with horizontal adjustments within the range and limited ups and downs. The short-selling strategy we laid out yesterday when Bitcoin rebounded to 88500-89000 is currently showing a small profit. Ethereum's short position near the 2920-2940 range is currently around the entry point. Overall, there is still room for short-term fluctuations. It is expected that the consolidation phase is not yet complete, and after a brief adjustment, if it cannot effectively break through the weekly MA5 resistance, it will continue to decline.

Today's daily KDJ has turned upward, and MACD bears are gradually showing a decrease in volume. The BOLL is still in a continuous downtrend phase, with the lower rail continuing to open significantly downward. There is still a slight rebound repair sentiment in the ultra-short term, but the trend remains strongly suppressed. After midnight, the short-term market still suggests participating with a short-selling approach during rebounds, specific points can refer to:

BTC: 88000-88500 short, target 86000

ETH: around 2930-2950 short, target 2830

The above are personal evening operation suggestions. The market is ever-changing, and the article has a certain lag; specific operations should follow real-time guidance.