Mu Feng's Trend Analysis: Bitcoin/Ethereum Intraday Market Analysis and Trading Suggestions (March 12)

Mu Feng's Trend Analysis: Bitcoin/Ethereum Intraday Market Analysis with Trading Suggestions (March 12th) Daily Chart: KDJ and MACD are trending upwards, with the price holding above the Bollinger Band middle line, which is slightly upward. Moving averages are converging and trending upwards, with the price closing above them. Intraday, a buy-on-dips strategy is recommended, with a bullish bias and upward movement expected. 12-Hour Chart: Indicators are consolidating sideways, with the price moving close to the Bollinger Band middle line, which is slightly upward. The 5-day and 30-day moving averages are converging upwards, indicating continued short-term upward movement. Overall Forecast: Intraday trading is expected to be range-bound with an upward bias; buy on dips is recommended. Trading Suggestions: BTC: Buy at 69500-69000, target 71500. ETH: Buy around 2030-2000, target 2100. ⚠️ Note: These are personal suggestions for reference only. Market conditions change rapidly, and this article may be outdated. Please refer to real-time guidance for specific information.