Maple Looks at Trends: Interpretation of Market Trends on the Evening of 12/11 and Operational Thoughts
From a technical perspective, after today's update on the daily chart, you can see that although the KDJ and MACD indicators have weakened, the extent of the volume reduction is not too strong. The overall BOLL is primarily showing a sideways upward behavior, indicating that there is still strong support below. Currently, the KDJ and MACD on the daily chart are in a death cross resonance with weakening volume. The BOLL also shows a slight upward adjustment in the lower and middle bands, while the coin price is closely adhering to the middle band. The short-term decline has not effectively broken the middle band (indicating strong support and strong accumulation of chips), so a technical repair adjustment will be made in the short term, mainly to repair the price gap between the coin price and MA5. In terms of operations, just wait for a pullback to enter long positions. Specific points of reference may include:
BTC: 98000-97000 for long positions, target 100000
ETH: 3700-3650 for gradual long positions, target 3800
The above is my personal evening market analysis, first published on 'Public Account: Maple Looks at Trends'. Welcome to exchange and learn together!
From a technical perspective, after today's update on the daily chart, you can see that although the KDJ and MACD indicators have weakened, the extent of the volume reduction is not too strong. The overall BOLL is primarily showing a sideways upward behavior, indicating that there is still strong support below. Currently, the KDJ and MACD on the daily chart are in a death cross resonance with weakening volume. The BOLL also shows a slight upward adjustment in the lower and middle bands, while the coin price is closely adhering to the middle band. The short-term decline has not effectively broken the middle band (indicating strong support and strong accumulation of chips), so a technical repair adjustment will be made in the short term, mainly to repair the price gap between the coin price and MA5. In terms of operations, just wait for a pullback to enter long positions. Specific points of reference may include:
BTC: 98000-97000 for long positions, target 100000
ETH: 3700-3650 for gradual long positions, target 3800
The above is my personal evening market analysis, first published on 'Public Account: Maple Looks at Trends'. Welcome to exchange and learn together!