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Mu Feng's Trend Analysis: Bitcoin/Ethereum Market Analysis and Trading Suggestions (December 9th)

2025-12-09 12:13:38
Shareshare
From a technical perspective, the daily chart shows that the KDJ and MACD indicators continued their upward trend today, while the upper Bollinger Band slightly widened. On the main chart, the price closed above the three-day moving averages, and the 5-day and 10-day moving averages continued their upward trend. On the 12-hour chart, the KDJ, MACD, and Bollinger Bands are generally trending slightly upwards, with the 5-day and 30-day moving averages also continuing their upward trend. Looking back at yesterday's price action, it remained above the 5-day and 10-day moving averages, indicating that the market is still testing the strength of the support levels. Therefore, we expect the intraday short-term trend to continue its upward movement with fluctuations. The recommended strategy is to buy on dips. Specific entry points are as follows: BTC: Buy at 90,000-89,500, target 92,500; ETH: Buy around 3,100-3,080, target 3,200. These are personal intraday trading suggestions. Market conditions change rapidly, and this information may be outdated. Please refer to real-time market guidance for specific trading decisions.
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