Mu Feng's Trend Analysis: Bitcoin/Ethereum Trading Recommendations for the Evening of January 5th

This week, the KDJ and MACD bearish momentum continued to weaken, and the buy-on-dip strategy planned in advance last night was successfully executed. Currently, the short-term Bollinger Bands are still exerting downward pressure. On the daily chart, the KDJ, MACD, and Bollinger Bands are still in a bullish confluence phase, although the upper band opening is not very large. Intraday trading volume, however, is continuously increasing, indicating that market sentiment opened up early Monday morning. On the 12-hour chart, the KDJ and MACD bullish momentum is weakening, and the upper Bollinger Band is widening significantly. The three-day moving averages on the main chart are in a strong bullish alignment, but note that Ethereum and Bitcoin are both showing a green TD13, which suggests a possible slight pullback tonight. The recommended strategy is to sell on rallies. Specific entry points are as follows: Bitcoin: Sell at 93500-94000, target 91500; Ethereum: Sell near 3200-3230, target 3100. These are my personal trading suggestions for tonight and are for reference only.