Mufeng's Market Trends: Interpretation of the Market Trend and Trading Ideas for 12/5
From the daily perspective, the KDJ shows a technical change turning upwards at a high position, while the MACD continues to oscillate slightly with increased volume at a high level. In terms of BOLL, the overall trend continues to strengthen upwards, especially the opening width of the upper band is still quite obvious, and there is still a certain upward space from the current coin price. Therefore, the trend today is basically without much pressure or obstacles. The 12-hour KDJ has shown a rhythm change with a crossover upwards, and BOLL continues to strengthen overall, with the increase of the middle band becoming more pronounced. The main chart's coin price has once again broken through MA5 and MA10, with both MA5 and MA10 showing upward turns. The sentiment for the low point MA30 is very high and strong. Therefore, the short-term trading idea for today is to continue to buy on pullbacks, and for specific operation points, you can refer to:
BTC: Buy between 95000-94000, target 97000
ETH: Buy in batches between 3800-3750, target 3900
The above is my personal analysis of the market in the early morning, published first on "Public Account: Mufeng's Market Trends", welcome to discuss and learn together!