Mu Feng's Trend Analysis: The market on November 11th saw repeated shifts between bullish and bearish trends; how to seize entry opportunities during range-bound trading?

From a technical perspective, the daily KDJ and MACD indicators for Bitcoin/Ethereum are showing a slight upward convergence today. The Bollinger Bands (BOLL) are currently trending downwards, with the lower and middle bands continuing to move lower. Although the price has seen a slight rebound within the BOLL, the 10-day and 30-day moving averages (MA10 and MA30) continue to decline, indicating increasing upward pressure. On the 12-hour chart, while the KDJ and MACD have formed a golden cross, the upward momentum is weakening. The BOLL is generally trending downwards in a volatile manner. Overall, the intraday trading strategy should focus on shorting on rallies. Specific entry points are as follows: BTC: Short at 105500-106000, target 104000-103500; ETH: Short near 3580-3600, target 3520-3500. These are my personal intraday trading suggestions. Market conditions change rapidly, and this article may be outdated. Actual trading should be based on real-time guidance. Please feel free to contact me if you have any questions.