Mufeng's Trend Analysis: December 24 Evening Bitcoin/Ethereum Trading Suggestions
On the daily level, today's KDJ and MACD indicators are still oscillating near the midline. The BOLL indicator is continuously trending downwards. The main chart's MA5 and MA10 daily moving averages are being pressed down again, and the MA30 indicator has also shown a slight downward change in rhythm. Additionally, today's coin price continues to decline along the five-day moving average. On the 12-hour level, the current KDJ has formed a death cross and is declining, with the BOLL's downward momentum strengthening. The main chart's three-day moving averages are resonating downwards with varying degrees, and the current MA5 and MA10 are accelerating their downward movement. Overall, the day is primarily characterized by a downward oscillation. In terms of trading strategy, continue to adopt a short position on rebounds. Specific points of reference are as follows:
Bitcoin: Short at 87500-88000, target 85500
Ethereum: Short around 2950-2980, target 2870
The above are personal evening trading suggestions for your reference only.
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