After this wave of rebound, Bitcoin is now stuck in this high-level range, repeatedly oscillating. On the daily chart, it looks pretty good, with bullish moving average alignment, and the MA20 and the middle band of Bollinger Bands providing strong support. The medium-term upward trend framework has not been broken yet. However, on the 4-hour chart, things look a bit different—the MACD histogram is shrinking, indicating that the bullish momentum is gradually weakening. Additionally, both the KDJ and RSI indicators are pointing towards overbought territory, suggesting a short-term adjustment is needed, but no clear reversal signals have appeared yet.
Above, focus on the 94500 resistance level; once broken, investors should immediately adjust their strategies and cut losses. Support below is at 89000.
Trading suggestion: Short in the 93200-94000 range, targeting 91000. On Ethereum, short at 3370-3400, targeting 3300.
Tonight’s Federal Reserve interest rate decision will be a turning point. If Bitcoin really breaks through 94500, be cautious. Wait for a price pullback before looking for opportunities. $BTC $BNB
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SandwichDetector
· 12-13 07:55
94500, this threshold still needs to be watched, it feels like the bulls are a bit weak in this wave.
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TokenVelocity
· 12-11 01:05
You definitely need to hold the 94,500 level, or you'll really have to run.
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DegenDreamer
· 12-10 11:30
94500 probably can't be broken, feels like mostly oscillations at high levels. The Fed's move might really be a variable.
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GateUser-e87b21ee
· 12-10 11:10
94500 is really a hurdle that has stuck, feeling like repeatedly testing the ceiling. Short-term space is limited.
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RugPullAlertBot
· 12-10 11:07
It feels like this barrier at 94,500 is about to break. We'll know as soon as the Federal Reserve announces tonight. Let's just wait here and watch the show.
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CoffeeNFTrader
· 12-10 11:07
94500 is really a hurdle. Can we break through this time and see how the Federal Reserve reacts?
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WalletWhisperer
· 12-10 11:04
the divergence game is real rn... those 4h candles screaming accumulation exhaustion while whales are probably positioning for fed shock. 94500 break = institutional confidence shift, pattern suggests mean reversion incoming tbh
#美国证券交易委员会推进数字资产监管框架创新 December 10 evening Bitcoin and Ethereum technical analysis
After this wave of rebound, Bitcoin is now stuck in this high-level range, repeatedly oscillating. On the daily chart, it looks pretty good, with bullish moving average alignment, and the MA20 and the middle band of Bollinger Bands providing strong support. The medium-term upward trend framework has not been broken yet. However, on the 4-hour chart, things look a bit different—the MACD histogram is shrinking, indicating that the bullish momentum is gradually weakening. Additionally, both the KDJ and RSI indicators are pointing towards overbought territory, suggesting a short-term adjustment is needed, but no clear reversal signals have appeared yet.
Above, focus on the 94500 resistance level; once broken, investors should immediately adjust their strategies and cut losses. Support below is at 89000.
Trading suggestion: Short in the 93200-94000 range, targeting 91000. On Ethereum, short at 3370-3400, targeting 3300.
Tonight’s Federal Reserve interest rate decision will be a turning point. If Bitcoin really breaks through 94500, be cautious. Wait for a price pullback before looking for opportunities. $BTC $BNB