Mu Feng Looks at Trends: 4.17 Bitcoin/Ethereum Evening Market Analysis with Trading Suggestions

Recently, the market has been repeatedly adjusting within a range, showing box fluctuations. Technically, in terms of Bitcoin/Ethereum daily charts, the current KDJ and MACD are still oscillating sideways upwards, but the BOLL continues to exert downward pressure. On the main chart, the MA5 and MA10 daily moving averages are converging, indicating that the intra-day trend is primarily sideways box fluctuations. At the 12-hour level, the current KDJ, MACD, and BOLL have shown a slight upward rhythm change, but the MA three-day moving averages are converging and pressing down. It is not difficult to see that there are divergences in the current indicators; however, for the short-term direction, we still continue to see upward fluctuations. The trading suggestion is to make incremental buys on dips, with specific points to refer to:

BTC: Buy around 84000-83500, target 86000

ETH: Buy near 1580-1560, target 1640

The above is my personal evening trading suggestion. The market situation changes rapidly, and the article may have a certain delay. Please refer to real-time guidance for specific operations. If you have any questions, feel free to consult.