Maple looks at trends: Bitcoin/Ethereum intraday short selling strategy ideas perfectly validated again!

Mu Feng Looks at Trends: April 7 Bitcoin/Ethereum Market Analysis with Trading Suggestions

The daily level for Bitcoin/Ethereum shows that the current KDJ and MACD are continuing to decline with increasing volume; BOLL is experiencing a significant overall drop, and the lower band continues to open. However, there has been a breakout in the very short term, but sentiment indicates that bears dominate the market. In the main chart, the three-day moving averages are under significant downward pressure, so there is still room to the downside. The technical situation on the 12-hour line is not much different from the daily line, with the decline in various indicators continuing to strengthen and accelerate. The main chart's three-day moving averages are arranged in a downward manner with death crosses, and the day is mainly focused on shorting at highs. Therefore, for the short term, it is still recommended that everyone enter the market in a divided manner upon seeing a rebound. Specific points for reference:

BTC: 77500-78000 short, target 75500

ETH: around 1560-1580 short, target 1500

Market conditions change rapidly, and the article has a certain lag; specific operations should be based on real-time guidance. If there are any questions, feel free to consult.