On the evening of December 9th, Beijing time, the market will focus on the Federal Reserve's (FOMC) interest rate decision. Regardless of whether the result meets expectations, it may trigger significant volatility. The only core focus today is the Federal Reserve's decision. All price fluctuations and capital behaviors center around this. Other news (such as technical proposals, supply data) belong to the long-term narrative and should not be used as direct basis for today’s short-term trading.
Bitcoin technical analysis:
The support area of Bitcoin at 86,000-87,000 is facing a test, as the outflow of funds from ETFs and macro uncertainty have increased the risk of a breakdown.
Ethereum technical analysis:
The battle for Ethereum at $3,000 remains the focus, with short-term sentiment influenced by the overall market and liquidations, but long-term changes in supply structure provide support for value.
Bitcoin operation strategy:
Operation idea reference: In the range (e.g., $86,000-$94,000), a strategy of buying low and selling high during fluctuations, or waiting for the price to break through the key resistance or support mentioned above before taking action. For example, consider following up after breaking $94,000, and consider reducing positions or observing after breaking below $86,000.
Ethereum operation strategy:
Operation idea reference: $3,000 is the dividing line between bulls and bears. Aggressive traders may try to position around this level, but must set strict stop losses (e.g., set below $2,950). Conservative traders may wait for the price to clearly hold above $3,100 or fall below $2,950 before making decisions. A new round of decline has started. The analysis mainly focuses on daily and 4-hour charts. Long-term investors need to pay attention to weekly trends, as there are signs of a potential top forming on the weekly chart.
