Federal Reserve meeting minutes released in three points
The December rate cut saw three dissenting votes, making the market outlook even more uncertain. Those holding positions should wait for the meeting announcement and be prepared to protect themselves from being stopped out!
From the market perspective, it is still an overall oscillating box structure, with longs and shorts washing back and forth. With just over twenty hours left in the year, we are about to close the monthly line. Bitcoin's rebound has not broken through the previous high that was marked, and the four-hour long upper shadow indicates insufficient buying confidence. As long as the night rebound does not break through the 8930 high, minor pullbacks will continue. The daytime short positions are currently in floating profit, with pullbacks finding support at 8780-8660.
Ethereum's rebound high keeps lowering, pay attention to the pullback support at the 2957 level. As long as a pullback can break below this level, the strength of the pullback will increase. Depending on the situation, consider reducing positions here or taking profit, while continuing to look for pullback support at 2920-2886.
Wishing everyone a happy New Year in advance!
