It's Monday, and a new week begins~

The market had already priced in the Fed's rate cut expectations, and the actual implementation has instead become a bearish signal. Currently, funds are focusing on the Bank of Japan meeting on December 18-19. If they change their stance, yen carry trades may be collectively closed, which could significantly impact liquidity. In the short term, this expectation still exerts some pressure on BTC.

Over the weekend, the market mostly moved within a narrow range. The 4-hour chart shows some strength, but the moving averages are still overhead, and a direction is about to be decided. The 1-hour Bollinger Bands have tightened, with the 89880 level quickly reclaimed, providing relatively clear support. The KDJ indicator is near 30, indicating a technical basis for a rebound, with consecutive bullish candles showing that the bulls still hold the upper hand.

If support holds, the strategy is to continue looking for long opportunities at lower levels:

For BTC, consider going long in the 90000 to 89500 range, with attention to resistance at 92500.
For ETH, build positions between 3100 and 3170, targeting 3200.