Mu Feng looks at the trend: Interpretation of the market trend on the evening of February 15 and operational ideas.

CN
5 days ago

From a technical perspective, the indicators for Bitcoin/Ethereum at the daily level have not changed much, and there is not much strong volatility sentiment during the day. Due to the weekend, the market is generally leaning towards sideways consolidation. At the 12-hour level, the MACD continues to converge upwards at the bottom (the golden cross should have appeared, but the volume over the weekend was not strong enough, leading to the indicators lacking the volume support to break out and thus continue to consolidate at the bottom). In the BOLL, the current coin price continues to test the volume for a rebound. Personally, I expect the overall trend of the coin price in the future to primarily adjust through box consolidation, with the direction of the consolidation leaning towards a slight upward movement. The operation continues with a low long strategy, and specific points can be referenced:

BTC: Long at 97500-97000, target 99500

ETH: Long around 2700-2670, target 2800

The above is my personal evening market analysis for your reference. For those who are unsure about the trend and entry points in future operations, click on the avatar to follow the homepage introduction. Welcome to exchange and learn together!

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