Maple Views the Trend: 8.12 Bitcoin/Ethereum Market Analysis with Trading Suggestions
The short-term market for Bitcoin/Ethereum continues to experience range-bound fluctuations. The KDJ, MACD, and BOLL indicators on the daily chart are still strongly resonating upwards today. However, the opening width of the BOLL upper band is not very strong, and the current coin price remains closely aligned with it, which limits the potential for upward movement. In the 12-hour chart, the KDJ is showing an overbought signal, while the MACD and BOLL continue to resonate upwards overall. However, the BOLL upper band is too closely aligned with the coin price, and compared to yesterday, the increase of the MA5 today has weakened. Therefore, for short-term trading, I suggest a technical pullback adjustment, focusing on shorting at highs using a staggered position approach. Specific points of reference are:
BTC: Short at 119000-119500, target 117000
ETH: Short around 4300-4320, target 4220
The above is my personal trading suggestion for the day. The market changes rapidly, and this article has a certain degree of lag. Please refer to real-time guidance for specific operations. If you have any questions, feel free to inquire. #BTC走势分析 #ETH #机构疯抢以太坊 #CPI数据来袭 #比特币市值超越亚马逊