Mu Feng's Trend Analysis: 4/14 Market Analysis with Operation Suggestions
From the daily level, Bitcoin/Ethereum's current KDJ and MACD continue to make a dead cross and fall in volume. The current coin price in BOLL is oversold, and the MA three-day moving averages continue to suppress the short position. This shows that the sellers are still strong at present. However, considering that BOLL has broken and there is a gap between the coin price and MA5, it is estimated that there will be a technical rebound adjustment in the day, just like yesterday. At the 12-hour level, many technical short-selling resonances have fallen in volume. The problem with the ultra-short-term is that the coin price in BOLL continues to fit the lower track, which also affects the rhythm of the decline. MA5 also has a small gap, so it is estimated that there will be a rebound in the short-term to adjust the mood. The strength is not decisive. After all, the market in the early morning is indeed a bloodbath.
Personally, I expect that today's intraday short-term coin price will be the same as yesterday (fall in the early morning, rebound and adjustment during the day). However, for the overall market trend, Bitcoin will usher in a new round of halving from April 20 to 21. As long as the monthly MA5 can support this wash, there is still room for the overall market to rise in a roundabout way. On the contrary, if the monthly MA5 is broken by the lower right, the market will usher in a stronger market-smashing sentiment. For short-term trading, we still think step by step, especially in the past two days, the short-term market has really fluctuated too much and changed too much. I hope everyone will pay attention to risks and trade rationally.
The above is a personal intraday market analysis for your reference only. If you are not sure about the trend and entry point in the future market operation, you can follow the "Official Account: Mu Feng Watch Trends". Welcome to communicate and learn together! #比特币减半 #CPI数据 #大盘走势 #新币挖矿 #非农数据