Mu Feng's Trend Analysis: Bitcoin/Ethereum Evening Market Analysis and Trading Suggestions (January 30th)

Yesterday's decline broke the calm, including another price plunge in the early morning. Our previously planned short-selling strategy has been validated as expected, with overall gains being quite good. On the daily chart, the KDJ, MACD, and Bollinger Bands are showing strong downward momentum again today. The three-day moving average on the main chart is also showing varying degrees of downward pressure. On the 12-hour chart, the KDJ has formed a death cross and is declining, and the MACD has crossed below the zero line (a death cross below the zero line indicates strong selling pressure and a strong one-sided sentiment). The Bollinger Bands continue their strong downward trend, and the lower band is widening. Therefore, we continue to be bearish in the short term tonight, and our trading strategy is mainly to sell at higher levels. Specific entry points are as follows: BTC: Short at 83500-84000, target 81000; ETH: Short near 2770-2800, target 2670. These are my personal trading suggestions for tonight. Market conditions change rapidly, and this article has a certain lag. Actual trading should be based on real-time guidance.