Mu Feng's Trend Analysis: Interpretation and Operational Ideas of the Market's Early Morning Trend on June 2
Yesterday, the overall market trend was mainly oscillating upward. Due to the slow trend, the technical changes were not too big. We deployed a low-level long-order strategy in advance in the early morning. We entered the market near 67,000 Bitcoin. The intraday price reached 68,000, successfully taking more than a thousand points of space. We also deployed a long position near 3,740 Ethereum at the same time. The highest intraday price also reached the target position of 3,820 as expected. I believe that the coin friends who followed the long-order strategy should have gained some profit space. Back to the current market:
From the daily level, the downward range of the current KDJ and MACD indicators of Bitcoin/Ethereum has weakened, and BOLL is still strengthening as a whole. In addition, the currency price has also fluctuated and risen in BOLL. From the 12-hour level, the current KDJ and MACD indicators continue to shrink, and the lower and middle tracks of BOLL have slightly closed (this is a technical performance that indicates that the short-term short-term volume is weakened). Therefore, we continue to see the main fluctuation upward in the early morning (according to the large-scale line, that is, the market where we see the retracement and do more). The operation continues to focus on low-long trading ideas. For specific points, please refer to:
BTC: 67500-67000 more, target 68800
ETH: 3790-3760 more, target 3860
The above is a personal analysis of the early morning market, first published on the "Official Account: Mu Feng Watch Trends", welcome to communicate and learn together! #BTC #ETH
