In the early morning, the coin price has been in a narrow range oscillation stage. Looking at the daily technical indicators, the KDJ technical indicator shows a death cross and continues to weaken, the MACD technical indicator is oscillating near the zero axis, and the BOLL technical indicator continues to oscillate downward. At the same time, the MA5 moving average and the MA30 moving average continue to show a downward pressure posture. Currently, it is also during the holiday, so the market volatility will not be too strong. Friends who have positions should try to manage their profits and losses and enjoy the holiday with peace of mind.

Looking at the 4-hour technical indicators, the KDJ technical indicator shows a downward turn of the three lines, the MACD technical indicator continues to oscillate and adjust near the zero axis, and the short-term BOLL technical indicator is in a flat oscillation state. The MA three-day moving averages are arranged in different degrees of decline. Overall, it is likely that today will be in a trend of oscillation and downward movement. In terms of operation, it is recommended to short on the rebound as a more stable approach.

Ethereum: Short near 2300-2330, Stop Loss: 2397, Target: 2260-2200

Bitcoin: Short near 58500-59000, Stop Loss: 59600, Target: 57600-57000

The above is my personal midday market analysis. If you have any questions, you can leave a comment in the comment section or follow my WeChat public account to find me.

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