December 14th Bitcoin and Ethereum Price Movement Observation



Currently, both Bitcoin and Ethereum are repeatedly testing key price levels, with no clear market direction. Both bulls and bears have opportunities, but confirmation signals are needed for a breakout. Specifically, Bitcoin is testing the 90,000 to 92,000 USD range repeatedly, while Ethereum remains above 3,200 USD and is attempting to push toward higher resistance levels. From a technical perspective, both bullish and bearish arguments are plausible. In this situation, the safest short-term approach is to trade within the range through oscillation.

In terms of trading strategy, for buying long positions, consider entering around 89,000 to 89,500 USD for Bitcoin. If a breakout occurs, target 90,500 or even 91,000 USD. If it breaks higher, 91,500 to 92,000 USD are within sight. Conversely, for short positions, wait until Bitcoin returns to the high range of 91,700 to 92,300 USD, with targets back at 91,000 or 90,500 USD. If it breaks downward, support at 89,500 to 89,000 USD becomes the next level.

For Ethereum, buying long positions around 3,080 to 3,050 USD can be attempted, with targets at 3,140 to 3,160 USD. Once broken, 3,200 to 3,230 USD are the next targets. For short positions, wait at the high range of 3,210 to 3,240 USD for opportunities, with the same target of 3,140 to 3,160 USD. If it breaks downward, support at 3,080 to 3,050 USD is the entry point.

The Federal Reserve's actions remain the overarching background. Technical breakout signals are the true triggers for entry.
BTC-0.03%
ETH0.72%
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ChainMemeDealervip
· 12-17 11:39
It's another tug-of-war situation. This kind of market tests human nature the most; breaking the level is the true way.
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SchroedingersFrontrunvip
· 12-17 10:14
It's the same tug-of-war situation again, waiting for the break to happen until I get tired.
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RooftopReservervip
· 12-17 03:25
Still in a tug-of-war, waiting for a breakout signal. Anyway, I'm just watching the Federal Reserve's moves to decide.
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BlockchainWorkervip
· 12-14 12:07
Sigh, it's this kind of tug-of-war again. How long do I have to wait for a breakout signal?
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DancingCandlesvip
· 12-14 11:59
Waiting for a breakout signal? Feels like we're always waiting for this wave...
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SneakyFlashloanvip
· 12-14 11:56
It's another period of range-bound oscillation. It feels like we've been spinning in place these days. Is it really so difficult to wait for a breakout signal?
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memecoin_therapyvip
· 12-14 11:53
It's another tug-of-war, just wait for a breakout. At this critical level of 90,000, both bulls and bears want a piece, fearing another reverse whip move during the night.
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GigaBrainAnonvip
· 12-14 11:49
Still swinging back and forth. This terrible market is really boring. Waiting for a breakout signal is the real key.
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CascadingDipBuyervip
· 12-14 11:44
Still in a tug-of-war, waiting for a breakout signal. This wave of market movement is quite frustrating.
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RetiredMinervip
· 12-14 11:41
Still tangled up with those integer thresholds... No breaking, no standing, let's keep watching the show.
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