12.1 Bitcoin Ether morning market analysis and subsequent thoughts

Despite the mild upward trend of Bitcoin, the cautious sentiment in the market has not yet dissipated. Investors are strongly inclined to take profits after the previous significant decline, which limits the upward momentum.
Looking ahead, once the market sentiment stabilizes, the coin price is expected to experience a corrective rebound.
Technical analysis shows that a solid support has formed at the $90,000 level, with a good short-term upward channel and gradually rising support levels below. After experiencing extreme fear sentiment, there is a strong demand for market recovery. Therefore, the short-term focus can be on the resistance performance at $93,000. As long as the $90,000 level holds, the upward momentum will continue.
Trading Strategy:
• BTC: Look for long opportunities in the range of 90,000 to 90,700, with a stop loss at 89,500, and a target towards 92,800 to 94,000.
• ETH: Consider going long in the range of 2,970 to 2,980, set the stop loss at 2,940, with a target of 3,080 to 3,170. #十二月降息预测