Bifudi Daily Market Analysis (2025.12.09)
🖊 Recent Market Review: It's been several days since the last update; I've been observing without participating in trades. I must say this market is quite interesting, having oscillated here for so long. Currently, there are two possibilities: one is that it oscillates in this range and then distributes before starting a new round of decline; the other is that we are in the accumulation phase, which would require a longer oscillation period before starting to rise. It's advisable to participate in trading as little as possible until a clear direction is established.
👉 Intraday Market:
✅ BTC closed a doji star on the daily chart yesterday, further proving the intensity of the bullish and bearish struggle in this range. The market is likely to move in a new direction during the FOMC interest rate decision; if there is no clear direction by then, the difficulty of subsequent trades will be no less than at the beginning of this month. It's recommended to observe more and, if participating in trades, to focus on small capital. Pay attention to the support level at 88900 and the first resistance level at 92100.
✅ The daily chart of ETH is stronger than BTC; if the market moves upward, ETH's rebound will be more vigorous. Watch the support level at 3080 and the first resistance level at 3170.
✅ Trading Suggestions: Enter with light positions, high short and low long, and set proper stop losses!! $BTC
