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Mu Feng's Trend Analysis: Bitcoin/Ethereum Trading Recommendations for the Evening of December 29th

2025-12-29 12:12:44
Shareshare
On the weekly chart, the KDJ indicator is currently turning slightly upwards, while the MACD shows decreasing bearish momentum, but the DIF and DEA lines continue to turn downwards, creating downward pressure. The Bollinger Bands are also continuing to decline, with the lower band widening, indicating significant selling pressure in the market. On the daily chart, the KDJ and MACD indicators have formed a golden cross and are slightly upwards. The price has reached the vicinity of the middle Bollinger Band, but has not yet broken through effectively. I believe the morning's rebound did not damage the daily middle Bollinger Band, so the price will likely continue to weaken downwards, maintaining a sideways downward trend. The recommended strategy is to sell on rallies. Specific entry points are as follows: Bitcoin: Sell at 88000-88500, target 86000; Ethereum: Sell near 2980-3000, target 2880. These are my personal trading suggestions for tonight and are for reference only.
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