Tuesday evening Bitcoin and Ethereum strategy

Bitcoin 4H chart shows a converging pattern, the Bollinger Bands are continuously tightening and flattening, currently in a wait-and-see phase before the Federal Reserve's December interest rate decision. The expectation for interest rate cuts has been priced in early, and the current bulls lack sustained upward momentum, making it difficult to break the upper boundary of the oscillating channel in the short term.

The resistance for Bitcoin at the upper boundary of the oscillating range is concentrated in the 92000-92500 range, while the support at the lower boundary is between 89000-89500.

Ethereum's daily chart has seen consecutive bullish candles, but the highs are struggling to rise. The 4H chart shows intertwined moving averages, MACD momentum is weakening, and RSI has not broken through the critical value of 60, remaining within a downward channel.

Ethereum's 4H oscillating range has upper resistance focused around 3150-3200 and lower support between 3000-3050.

Evening operation strategy

Bitcoin is oscillating in the 92000-92500 range, with a target looking down to 88000 from 90000.

Ethereum is oscillating in the 3150-3180 range, with a target looking down to 3000 from 3050.