Mu Feng's Trend Analysis: Bitcoin/Ethereum Market Analysis and Trading Suggestions (January 28th)

From a daily chart perspective, the KDJ and MACD indicators for Bitcoin/Ethereum are showing a synchronized upward movement today. The upper Bollinger Band is widening, and the three-day moving averages are all trending upwards at varying degrees. A breakout and hold above this level would confirm a short-term reversal, opening up further upside potential. On the 12-hour chart, the KDJ, MACD, and Bollinger Bands are showing bullish convergence, indicating a recovery in rebound momentum. The RSI is not overbought, and the MACD shows signs of a golden cross, favoring further bullish momentum. Overall, the intraday trend is biased towards a volatile upward movement. Therefore, the intraday strategy should focus on buying on dips. Specific entry points are as follows: BTC: Buy at 88500-88000, target 90000; ETH: Buy around 2980-2950, target 3060. These are personal intraday trading suggestions. Market conditions are constantly changing, and this article may be outdated. Please refer to real-time guidance for specific trading decisions.