Mu Feng's Trend Analysis: August 13 Bitcoin/Ethereum Market Analysis

On the daily chart, today's KDJ, MACD, and BOLL indicators are showing strong bullish momentum and surging volume. While Bitcoin's gains are not particularly significant, Ethereum and other cryptocurrencies (such as Sol) have entered a period of frantic upward movement. The value of technical indicators is currently greatly reduced, with reduced margin for error and increased errors. In this period of absolute one-sided market conditions, it's crucial to remain rational in technical analysis. The three-day moving averages on the main chart continue to trend bullish. Yesterday's green TD9 indicator stabilized, yet the price of Ether has shown no sign of retreat today. This also indicates a frenzied influx of buy orders, pushing the current price close to a record high. On the 12-hour chart, the KDJ, MACD, and BOLL indicators are showing strong bullish momentum and surging volume. The three-day moving averages on the main chart are also showing a strong bullish momentum. Ether has a small gap with its five-day moving average, but it hasn't closed the gap, demonstrating its determination to push higher. For the short-term intraday outlook, we're primarily targeting continued gains. For specific trading strategies, please refer to the following:

BTC: Buy between 120,000 and 119,500, target 122,000

ETH: Buy around 4,680 and 4,650, target 4,760

The above are personal intraday trading suggestions. Market conditions are volatile, and this article may be out of date. Specific trading strategies should be based on real-time guidance. If you have any questions, please feel free to contact us. #以太坊创历史新高倒计时 #主流币轮动上涨 #ETH突破4600 #BTC走势分析 #ETH