Bitcoin’s recent rebound is now bouncing around at high levels. From the daily chart, the bullish pattern remains intact, with MA20 and the middle Bollinger Band supporting the price steadily. The medium-term upward trend hasn’t been broken. However, on the 4-hour MACD, the red histogram is shrinking, indicating that the bullish momentum is weakening. Both KDJ and RSI are in overbought zones, suggesting a short-term pullback is needed, but there are no signs of a genuine reversal yet. Overall, Bitcoin needs to stay above 94,500, and 89,000 is a support level below.
Trading strategy: Short between 93,200 and 94,000, with a target of 91,000.
Ethereum: Short in the 3,370 to 3,400 range, with a target of 3,300.
The key factor is tonight’s Federal Reserve interest rate decision — this requires caution. If Bitcoin truly breaks above 94,500, quickly adjust your positions and tighten stop-losses; don’t hesitate. Wait for a pullback before looking for new entry opportunities. The market moves fast at such times, so be cautious with your operations.
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LightningLady
· 12-13 10:29
Breaking through the 94500 barrier is the real deal. The current fluctuations are just testing human nature.
Once the Federal Reserve's decision is announced tonight, it's probably going to cause a spike. Let's just sit back and watch the show.
Set your stop-losses properly, no need to fear; just beware of acting impulsively and deviating from the plan.
Only when 89000 is broken is it truly a decline. Currently, it's still fluctuating.
Is the 89000 support really stable? Feels like the risk is a bit high.
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HappyMinerUncle
· 12-11 04:11
Once 94,500 breaks, you have to run. Pay close attention to what the Federal Reserve says tonight.
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MidnightTrader
· 12-10 11:30
94500, this threshold really needs to be maintained, otherwise it will break out directly
The Federal Reserve is causing trouble tonight, it's better for us to wait before taking action
Just set a stop-loss on the short positions, don't be greedy
ETH is a bit shaky at this level, a pullback to 3300 would be a real opportunity
Repeatedly messing around at high levels, just be patient and wait for a correction
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AirdropFreedom
· 12-10 11:29
94500, we'll know tonight. If the Federal Reserve turns dovish, it'll take off directly; otherwise, it has to drop down.
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MagicBean
· 12-10 11:03
Breaking 94500 and you have to run, the Fed's move tonight really affects the market sentiment
#以太坊行情技术解读 December 10 evening market technical analysis: $BTC and $ETH
Bitcoin’s recent rebound is now bouncing around at high levels. From the daily chart, the bullish pattern remains intact, with MA20 and the middle Bollinger Band supporting the price steadily. The medium-term upward trend hasn’t been broken. However, on the 4-hour MACD, the red histogram is shrinking, indicating that the bullish momentum is weakening. Both KDJ and RSI are in overbought zones, suggesting a short-term pullback is needed, but there are no signs of a genuine reversal yet. Overall, Bitcoin needs to stay above 94,500, and 89,000 is a support level below.
Trading strategy: Short between 93,200 and 94,000, with a target of 91,000.
Ethereum: Short in the 3,370 to 3,400 range, with a target of 3,300.
The key factor is tonight’s Federal Reserve interest rate decision — this requires caution. If Bitcoin truly breaks above 94,500, quickly adjust your positions and tighten stop-losses; don’t hesitate. Wait for a pullback before looking for new entry opportunities. The market moves fast at such times, so be cautious with your operations.