December 17 Morning BTC and ETH Market Forecast and Analysis

1. BTC Market Analysis

BTC price first surged from a low of 86038.5 to a new high of 88143.9, then oscillated downward and found support around 87400. In the morning, it rebounded to 87720.5, showing a pattern of rising and falling followed by a corrective consolidation, with volatility mainly between 87400 and 88000. 87400 is a short-term strong support level, followed by 87000 as the lower boundary of the previous consolidation range; if it breaks below 87400, it is likely to test the 87000 support strength. 88143.9 is the key resistance level, with 88000 as the psychological resistance. If it stabilizes above 87800, it may attempt to challenge 88143.9; a breakout could open the upward space.
In the morning, BTC is in a rebound and correction phase, with a high probability of oscillating between 87500 and 88000 in the short term. If it breaks through 88000, the bullish trend will strengthen.

Trading Strategies
- Long: Stabilize around 87000-87400 after a pullback, with a small position, stop loss below 87000, target 87800-88000. If it continues to break 88000, aim for 88150-88750.
- Short: Encounter resistance around 87800-88000 after a rebound, with a small position, stop loss above 88200, target 87000-87400. If it continues to fall below 87000, target 86100-86400.

2. ETH Market Analysis

ETH price rebounded strongly after dropping to a stage low of 2885.46, rising to 2982.10 before pulling back, then consolidating around 2950. In the morning, it again surged above 2970, with the current quote at 2956.63, showing a high-level oscillation pattern after a deep V-shaped rebound, with bullish momentum relatively stronger.
2950 is an important short-term support, followed by 2940 as a trendline support. If it falls below 2950, attention should be paid to support in the 2940-2930 range. 2982.10 is the stage resistance level, with 2970 as the short-term rebound resistance zone.
ETH bulls currently have the advantage, with a high probability of oscillating slightly bullish in the short term.

Trading Strategies
- Long: Stabilize around 2935-2945 after a pullback, with a small position, stop loss below 2930, target 2965-2975. If it remains above 2975, it may challenge 2982 or even the 3000 level.
- Short: Encounter resistance around 2965-2975 after a rebound, with a small position, stop loss above 2985, target 2950-2940. If it continues to fall below 2940, target 2915-2900.

Both BTC and ETH are currently constrained by previous high and low points, so attention should be paid to the validity of key level breakthroughs or breakouts to avoid chasing highs and selling lows. #BTC #市场触底了吗？

#BTC行情分析 #市场触底了吗？ #美联储降息预测