12.12

After the interest rate meeting, the market fell into a temporary favorable situation, not to mention that Powell's speech and the dot plot were not as dovish as investors imagined. Overall, there has been some retreat in the risk market sentiment, especially with a lot of data ahead and uncertainties regarding Japan's interest rate hikes. Both parties agree to formally include crypto assets in the U.S. retirement system. Once the SEC and the Department of Labor modify the rules as requested in the letter, $BTC and $ETH spot ETFs will naturally become compliant assets for 401(k)s, leading to a long-term, stable, and continuous buying force for retirement funds that forms a "slow but never-ending" accumulation power.

BTC

Yesterday, the idea provided for everyone was to oscillate around 89000 to 93900. The oscillation range yesterday also bounced back and forth in this area. We are increasingly approaching the time node for a trend change, but considering the weekend market, it is likely to first oscillate and repair. The thought remains unchanged: as long as the position of 89000 does not break, it can gradually raise the bottom to make a small wave of rebound. At the same time, we should pay attention to short-term risks if 93900 does not break, so we will see which way it goes next, with support at 89000-86800 and resistance at 93900-96000.

ETH

Yesterday, the idea for Ethereum was to pay attention to whether the position of 3195 could hold. From a daily perspective, it reached the corresponding position and made a slight rebound. Currently, as long as 3155 does not break, it will oscillate upwards. The current market needs to pay attention to whether the four-hour level can continuously raise the top and bottom in an oscillating upward manner to facilitate a relatively healthy market. So to summarize, as long as 3155 does not break, we still see an upward oscillation, with support at 3155-3080 and resistance at 3360-3438#美联储降息 #加密市场反弹 .