Mu Feng's Trend Analysis: 12/26 Market Intraday Trend Interpretation and Operation Ideas
Technically, Ethereum closed above the 5-day moving average on the daily line, and the 5-day moving average continued to turn up and strengthen, but MA10 continued to press down (this may be a major reason why Ethereum can't go up in the short term). To put it bluntly, there are still differences between long and short short-term, because Bitcoin is close to the 100,000 mark, and now the short-term profit-taking and buying orders have formed a divergence. At present, everyone can get some useful technical tips from Bitcoin's market (Bitcoin is now strong, and Ethereum is relatively weak. If Ethereum makes up for the rise, then there will be no problem for Bitcoin to stabilize at 100,000 today. Now we just need to wait for the short-term) 12 hours At the time level, the current lower and middle tracks in BOLL show a slight upward rhythm change, and the coin price is close to the middle track. The short-term decline has not broken effectively (indicating that the support is very strong and the chips are very strong). Therefore, technical repair adjustments will be made in the short term, mainly to repair the gap price between the coin price and MA5. In terms of operation, you can take more when you retrace. For specific points, please refer to:
BTC: 98000-97500 more, target 100000
ETH: 3430-3400 more, target 3520
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