Good morning! It's the start of a new week again 🎉🎉🎉
The Federal Reserve's interest rate cut has already been digested by the market, turning favorable news into unfavorable. Funds are starting to focus on the Bank of Japan meeting on December 18-19, with the yen carry trade being unwound, liquidity being withdrawn, and short-term pressure forming on Bitcoin.
The weekend saw overall narrow fluctuations. The 4-hour level shows a strong tendency to fluctuate, but the moving averages are still leaning downwards, with the direction approaching a choice. The 1-hour level Bollinger Bands are narrowing, with a quick recovery at the 89880 line, clear support, and KDJ approaching 30, providing conditions for a rebound in the short term, with a bullish trend dominating.
Operational strategy: as long as support holds, continue to go long:
BTC: 90000–89500 long, focus on 92500
ETH: 3100–3170 long, focus on 3200
