Li Shengting: 12.6 Ethereum Afternoon Market Analysis and Trading Ideas
This morning, Bitcoin also experienced a nearly 10,000 point spike, dipping to around 88,000, then quickly rising to above 96,000. This market behavior is clearly the result of market makers intentionally shaking out positions. From the daily technical indicators, both the KDJ and MACD indicators are in a phase of oscillating upward. The BOLL indicator continues to widen towards the upper band, and currently, the entire BOLL indicator remains in a bullish resonance. The MA three-day moving averages still maintain a bullish arrangement. Although a red TD9 has appeared on the daily chart, the MA five-day moving average has not shown significant signs of decline; on the contrary, the price continues to strengthen. Therefore, our daily trading strategy remains primarily bullish with a focus on buying at low points.
From the four-hour technical indicators, the KDJ, MACD, and BOLL indicators still maintain a phase of bullish resonance, and the ultra-short-term MA moving averages are also maintaining a bullish arrangement. Currently, the ultra-short-term price has stabilized above the MA five-day moving average and is linked to a green TD5, leading to an increase in volume. Thus, the daily trading strategy remains unchanged, and it is recommended to focus on buying during pullbacks with a divided position.
Ethereum: Buy in increments around 3900-3875 Stop Loss: 3831 Target: 3950-4000
Bitcoin: Buy in increments around 98500-97800 Stop Loss: 96800 Target: 99600-100000#比特币回升至97K $ETH #BTC