12.12 The interest rate cut is unsatisfactory, and the bullish sentiment is gradually fading, with a pullback likely to become a certainty.
BTC: The interest rate decision is as expected, and the cut has not brought about good results; the momentum is gradually fading, and surprises are unlikely by year-end. 95000 and 96000 will be important short-term resistance. If it cannot break through for a long time, it may revert to a defensive stance, with 86000 and 82000 being key support levels. The larger range is between 82000, 86000-100000, with oscillations expected, and short-term trading is most suitable.
ETH: The daily moving average resonates at 3500, and 3470 for the bears is the last opportunity. It will be challenging to find resistance at higher levels, and 3670 is just a pass-through. If there are no signals, do not enter shorts, and pay close attention to the pullback at 3100 to seize the opportunity.
Trading Suggestions:
BTC 88700-89200 go long, target 92000 - 94000, stop loss at 88000
ETH 3100-3140 go long, target 3250 - 3350, stop loss at 3050


