The three major indices of the US stock market closed higher, with the Dow Jones Industrial Average rising by 1.43%, the S&P 500 increasing by 0.91%, and the Nasdaq Composite gaining 0.67%. Large technology stocks showed divergent trends. According to CME's "FedWatch": the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 84.9%, while the probability of keeping the interest rate unchanged is 15.1%. The probability of the Federal Reserve cumulatively cutting rates by 25 basis points by January next year is 66.4%, with a probability of 11.1% for keeping rates unchanged, and a cumulative cut of 50 basis points has a probability of 22.6%. On Tuesday, the cryptocurrency market continued its weak fluctuating pattern, with attention on Yibo to grasp real-time dynamics of the coin circle! Don't miss the upcoming "Christmas" market.



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Bitcoin initially surged to 89179 in the early session before facing pressure and retreating, hitting a low of 86628. After a brief stabilization and rebound, it failed to maintain the upward trend; in the afternoon, it started to decline again from 87722, dipping to a low of 86129 in the evening. Both downward movements during the day did not break below the 86000-86600 range, where buying support is evident, laying a solid foundation for future trends. From the current market perspective, the daily trend remains bullish, with clear upward K-line patterns and strong bullish momentum being continuously released. After sufficient oscillation and consolidation at the four-hour level, the lows have gradually risen to form a step-like upward structure, repeatedly building strong support. Currently, it has completed energy accumulation and restarted the upward trend, with short-term moving averages golden cross and MACD showing volume above the zero line, releasing positive signals from a technical standpoint. The intraday high and low fluctuations are a normal adjustment of profit-taking from previous gains, not shaking the foundation of the bulls. The stable daily upward movement and the four-hour bottom structure restart form a multi-timeframe resonance, solidifying the bullish pattern. Moving forward, one can maintain a bullish mindset, relying on key support for positioning, while strictly controlling positions and managing risk.

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After Ethereum reached a high of 2986, the momentum weakened and it oscillated downwards to a low of 2855 before rebounding. The low of 2855 has become a short-term turning point and has established a key support base. The four-hour chart shows a positive shift in market structure: after multiple rounds of oscillation, the lows continue to rise, and the 2855-2880 range has formed a solid support zone, which not only digests the downside risks but also accumulates bullish strength. Currently, the market has begun a strong upward attack, with prices approaching previous highs and good coordination of volume and price. The current increase in volatility is a normal oscillation in the early stages of a bullish start, and it is an inevitable process of digesting short-term profit-taking and trapped positions. Overall, Ethereum is still in the acceleration phase after building bullish momentum, with the expectation of a pullback continuously decreasing, showing significant characteristics of transitioning from weak to strong. In terms of operational strategy, it is recommended to follow the bullish trend and lay out long positions on pullbacks. After Ethereum builds a bottom through oscillation, the bullish trend is established, and the current volatility is a normal adjustment within the trend. Investors can seize the opportunity to lay out on pullbacks, ensuring proper risk control and following the trend. Moving forward, attention should be paid to the strength of the breakout above previous highs and the coordination of trading volume, adjusting strategies dynamically.
BTC-0,91%
ETH0,45%
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