Mufeng Trend Analysis: Bitcoin/Ethereum Market Analysis and Trading Suggestions for the Evening of October 9th

From the technical structure, the KDJ dead cross downward at the daily level, and the MACD DIF accelerated its downward turn today. BOLL currently continues to maintain an overall volatile downward trend. Today the currency price is falling again, and the current currency price has also fallen below the five-day moving average. It can be seen that the market selling pressure is still too strong. At the 12-hour level, KDJ and MACD have formed a strong emergency death cross and turned down in the early morning. The price of BOLL has fallen below the middle track (this round of decline is likely to change the short-term trend pattern). Due to the strength of yesterday's increase, the market price did not stabilize above the daily MA5 average line (the so-called breakout was fruitless). Next, there will be a southward movement after the pressure is touched but not broken tonight. In terms of operation, it is better to treat it as a rebound shorting. The specific points can be referred to: BTC: short at the current price of 122800-123500, target 120800 ETH: short near the current price of 4380-4420, target 4280 The market conditions are changing rapidly, and the article has a certain lag. The specific operations are subject to real-time guidance of the real market. If you have any questions, please feel free to consult.