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Mu Feng's Trend Analysis: Bitcoin/Ethereum Trading Recommendations for the Evening of December 24th

2025-12-24 10:29:11
Shareshare
On the daily chart, the KDJ and MACD indicators are still fluctuating around the central axis. The Bollinger Bands are generally trending downwards. The 5-day and 10-day moving averages on the main chart are re-establishing downward pressure, and the 30-day moving average has also shown a slight downward turn. Furthermore, the price continues to decline along the 5-day moving average. On the 12-hour chart, the KDJ has formed a death cross and is falling, the Bollinger Bands are showing increased downward momentum, and the 3-day moving averages on the main chart are all converging downwards at varying degrees, with the 5-day and 10-day moving averages accelerating their decline. Overall, the intraday trend is still mainly downward with fluctuations. The recommended strategy is to sell on rallies. Specific entry points are as follows: Bitcoin: Sell at 87500-88000, target 85500. Ethereum: Sell around 2950-2980, target 2870. These are my personal trading suggestions for tonight and are for reference only.
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