Mu Feng's Trend Analysis: 10/11 Market Early Morning Trend Interpretation and Operational Ideas

From the daily level, compared with the daytime, the current main K of Bitcoin/Ethereum has an upper shadow line (indicating that the long volume is weakened and the pressure of MA5 is very strong), the opening range of the BOLL lower track is also greater than that of the daytime, and the decline of the MA5 and MA10 daily moving averages has intensified. From the 12-hour chart, the overall downward pressure of BOLL continues to increase, and MACD has also begun a small short-selling phase. At the same time, the trading volume shows that at 8 pm, K is a large negative line, and the vacancy of the trading volume is still large (which means that there is still a lot of room for decline). In addition, the CPI data released in the evening is higher than market expectations (this is actually a negative reminder), so we can continue to see a shock decline in the short term in the early morning. The specific points for operation can be referred to:

BTC: 61000-61500 short, target 59000

ETH: 2400-2430 short in batches, target 2320

The above is a personal early morning market analysis, "Official Account: Mu Feng Watch Trends" first release, welcome to communicate and learn together! #6万保卫战 #SCR新币挖矿开始！ #特朗普当选概率上升 #CPI&PPI来袭，美国通胀升还降？ #币安LaunchpoolSCR