December 9th. BTC. ETH. Swinging around the 90,000 mark?

The market generally expects the Federal Reserve to announce a 25 basis point rate cut at the two-day policy meeting scheduled for December (concluding on Wednesday), with a probability as high as 90%, a significant increase from 66% in November, due to recent moderate statements from Federal Reserve officials. As time approaches, the daily volatility of BTC is decreasing.

Yesterday afternoon, a long position near 89,900 was suggested, and as the U.S. stock market opened in the evening, it began to retreat, hitting a low near 89,500, with a morning high retracing to 91,400. In the evening yesterday, another long position was suggested at the current price near 90,388, with an additional position at 89,700 to defend at 89,200. We are still holding around the average price near the 90,000 mark. After waking up in the afternoon, the position is still there, rolling over near 90,400, and the current average is around 90,200, continuing to hold and looking upwards.

In this market, trading without a plan is like a small boat floating on the ocean, with the possibility of capsizing at any time. Trading does not grant you preferential treatment just because you are weak; the strong survive as the market sifts through the weak. When the market is unclear and prices haven't dropped sufficiently, one must resist the urge to buy; when prices haven't risen enough, one must resist the urge to sell. Whether buying, selling, or holding, patience and control are essential.

BTC trading suggestion: 88,888-89,400 long, target 91,500 for a breakout looking at 92,000-92,800.

ETH trading suggestion: 3,065-3,080 long, target 3,155 for a breakout looking at 3190$BTC $ETH #加密市场观察 .