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December 9th BTC/ETH market analysis
BTC is consolidating in a range, if it moves in a matrix-like upward trend, the target for this segment remains at $95,000, but be aware that after reaching it, a new round of 4-hour level pullback may occur.
ETH is relatively strong, successfully holding the key support at 3060 in the early hours and regaining most of the lost ground, showing clear signs of accumulation at the bottom. The view of maintaining a rebound remains unchanged before Thursday. It is recommended to patiently wait for breakthrough signals at key resistance and support areas.
Macroeconomic reasons: The probability of the Federal Reserve lowering interest rates in December is only 42%, while expectations for the Bank of Japan to raise interest rates are rising. If the interest rate meeting on December 10 releases hawkish signals, it may reverse the rebound.
Operation suggestions:
BTC buy on dips in the range of 86000-87000 with a target of 95000
ETH buy on dips in the range of 2860-2900 with a target of 3200
For more real-time points and high-profit opportunities, please join the VIP member group.
December 9th BTC/ETH market analysis
BTC is consolidating in a range, if it moves in a matrix-like upward trend, the target for this segment remains at $95,000, but be aware that after reaching it, a new round of 4-hour level pullback may occur.
ETH is relatively strong, successfully holding the key support at 3060 in the early hours and regaining most of the lost ground, showing clear signs of accumulation at the bottom. The view of maintaining a rebound remains unchanged before Thursday. It is recommended to patiently wait for breakthrough signals at key resistance and support areas.
Macroeconomic reasons: The probability of the Federal Reserve lowering interest rates in December is only 42%, while expectations for the Bank of Japan to raise interest rates are rising. If the interest rate meeting on December 10 releases hawkish signals, it may reverse the rebound.
Operation suggestions:
BTC buy on dips in the range of 86000-87000 with a target of 95000
ETH buy on dips in the range of 2860-2900 with a target of 3200
For more real-time points and high-profit opportunities, please join the VIP member group.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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