12.9
BTC
From the perspective of macro market sentiment, it is still manageable, with no significant pessimism. The remaining factor depends on the interest rate meeting early Thursday. From the market's heat map and on-chain capital inflow situation, it can be observed that the funds in the traditional coin circle are gradually drying up, and currently, we still rely on traditional financial institutions. The liquidity in the secondary market is very weak, which has led to a gradual narrow range of fluctuations, also facing directional choices. The immediate rebound mentioned in the past two days will not be very strong. Next, we need to focus on this week's interest rate decision. From the current direction, there is no clear direction; the overall trend remains downward, but it is important to pay attention to the rebounds at the one-hour and four-hour levels. However, the rebound at this position is short-term and does not represent a reversal, so the intraday fluctuation range will still revolve around 89000 to 93000. Therefore, the operations in the next couple of days should focus on short-term trades, with support at 89000-87200 and resistance at 91300-93000.
ETH
Ethereum is the same. At the current position, the daily level is about to reach the corresponding resistance. If it does not stabilize above 3217, we still need to be cautious about risks. Therefore, in the short term, this position will still be dominated by fluctuations. Patience is required to wait for the news to land, with support at 3015-2820 and resistance at 3180-3240.
