Mufeng Trend Watch: 11.23 Early Morning Bitcoin/Ethereum Market Analysis and Trading Suggestions

From a technical perspective, the daily KDJ, MACD, and BOLL indicators for Bitcoin/Ethereum are still in a bearish resonance phase today. The main chart's MA for three days continues to show a bearish alignment, exerting downward pressure. However, with the weekend approaching, market trading volume is relatively weak, so volatility is expected to be limited. On the 12-hour chart, the MA for three days remains strongly aligned to the downside. Additionally, there is no gap between the main chart price and the five-day moving average, so the short-term trend in the early morning is basically a volatile downward movement! There haven't been significant technical changes. Yesterday's ultra-short-term rebound was mainly for gap and indicator correction. Going forward, the overall trend is expected to be a slight downward move in a sideways range-bound manner. The suggested strategy is to go with the trend, mainly shorting on rebounds. Specific reference points:

BTC: Short at 84,800-85,500, target 82,800, stop loss at 86,000

ETH: Short at 2,760-2,800, target 2,660, stop loss at 2,820

The above are my early morning trading suggestions. The market changes rapidly, and this article may have some lag. Please refer to real-time guidance in actual trading. #逆势上涨币种推荐 #美联储会议纪要将公布 #比特币行情观察