mt logoMyToken
ETH Gas15 Gwei ($0.95)
EN

Mu Feng's Trend Analysis: Bitcoin/Ethereum Market Analysis and Trading Suggestions (11.18 AM)

2025-11-17 16:48:48
Shareshare
From a daily chart perspective, the main bullish candlestick pattern shows decreasing volume, while bearish trading volume in the volume bars has strengthened again. Technically, MACD, KDJ, and Bollinger Bands continue to show a bearish resonance, and the three-day moving averages on the main chart also maintain a bearish alignment. On the 12-hour chart, the KDJ and MACD are currently in a consolidation phase with decreasing volume, but the overall indicators are still trending downwards. This suggests that the decreasing volume is only a temporary rebound, or perhaps a build-up of volume for a subsequent decline. Therefore, for short-term trading in the early morning, a strategy of selling on rallies is recommended. Specific entry points are as follows: BTC: Sell at 94000-94500, target 92000, stop-loss at 95200. ETH: Sell near 3120-3150, target 3030, stop-loss at 3180. These are my personal trading suggestions for the early morning. Market conditions change rapidly, and this article has a certain lag. Actual trading should be based on real-time guidance. If you have any questions, please feel free to contact me.
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact