Liangqiu: 12.6 Bitcoin/Ethereum's short positions triumphed yesterday, today focus on low point support

Bitcoin and Ethereum are both in a downtrend, influenced by macro factors such as expectations of interest rate cuts by the Federal Reserve, and are currently in a critical price game phase. We laid out short positions with two setups yesterday, from 3170 short to 3100, and then in the evening from 3140 short to 2980, which also directly reached the target. Here is the specific market analysis:

The current key price level for Bitcoin: In the short term, it needs to stabilize above 89800 to initiate a rebound, with resistance levels at 91500, 92800, and around 94200; support is primarily at 88000. If this level is lost, it may further drop to 85000 or even lower, while 90000 is considered a 'soft bottom' due to its proximity to production costs. Ethereum is following Bitcoin's downtrend, with a 24-hour drop of over 4%, currently fluctuating around the key level of 3000. During the day, it fluctuated around price levels of 3030, 3040, etc. After hitting strong resistance at 3200, it saw a pullback. Short-term support can be referenced at yesterday evening's low of 88000 and 2980.

Operation suggestions: Buy Bitcoin near 88800 to 89300, target around 90800; buy Ethereum near 3010 to 3030, target around 3090, and continue to look higher if broken.

Daily analysis and strategy have a high win rate, which can be seen. Analysis and strategy are for reference only; please bear the risks yourself. The article's review and publication do not guarantee timeliness; specifics are subject to real-time updates! #比特币VS代币化黄金 #美SEC推动加密创新监管 #美联储重启降息步伐