Maple View Trend: 4.7 Evening Bitcoin/Ethereum Market Analysis with Trading Suggestions
From a technical structure perspective, looking at the weekly chart, both KDJ and MACD continue to resonate downwards, and the lower Bollinger Band continues to widen. In terms of trading volume, this week has seen an increase in volume bars, indicating that the selling pressure in the larger market is indeed quite strong. Our early short positions set up during the day have also successfully exceeded expectations and reached the target for profit taking. On the 12-hour chart, both KDJ and MACD are synchronously heading downwards with a death cross. Although the Bollinger Bands have widened, it is evident that the current drop and the widening are somewhat contrasting. There is still a slight gap between the coin price and MA5. It is highly likely that there will be some correction tonight; as for whether there will be a reversal, it is best to proceed step by step based on the real-time daily situation. For short-term operations, we should first participate in long positions at lower retracement levels; specific points of reference can be:
BTC: 76000-75500 Long, Target 78000
ETH: Around 1460-1440 Long, Target 1530
Market conditions change rapidly, and the article has a certain lag. Specific operations should be based on real-time guidance in the actual market. If you have any questions, feel free to consult. #美国加征关税 #BTC走势分析 #ETH