12.10 Turbulence ahead of the BTC/Ethereum interest rate decision
Bitcoin/Ethereum once again laid out two short orders last night, with the first order breaking the high of 3180 and 92000 nephews out. Then in the early morning, it entered again around 94,000 and 3340, 3,380 replenished the position, and the flight situation rose and fell back to around 91,900 and 3,280, and the space was not bad, and the bottle was talked about at this time. Both Bitcoin and Ethereum are fluctuating at a high level after a strong rebound, and both are affected by the upcoming Fed interest rate decision, and the follow-up trend is highly uncertain.
Bitcoin/Ethereum is currently standing above 91500 and 3250, with gains of more than 3% and 5.7% in the past 24 hours, and it broke through 94000/3380 strongly in the US market last night, once touching 94555/3397, but fell back because it did not break through the resistance level near 95000/3400.
Technicals: The price is running above the moving average and the moving average is in a bullish position, forming a bullish resonance with the MACD golden cross, but KDJ shows that short-term bulls need to be wary of divergence risks. The upper key resistance is in the 94,000 to 95,000 and 3,400 to 3,450 areas, and the lower core support is 91,000 to 91,500, 3,200 and 3,250 support, and 90,000 and 3,150 are important psychological defensive support levels.
Operation suggestion: Bitcoin is around 91,500 to 92,000, and the target is around 94,000; Ethereum is more around 3270 to 3290, with a target near 3370.
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12.10 Turbulence ahead of the BTC/Ethereum interest rate decision
Bitcoin/Ethereum once again laid out two short orders last night, with the first order breaking the high of 3180 and 92000 nephews out. Then in the early morning, it entered again around 94,000 and 3340, 3,380 replenished the position, and the flight situation rose and fell back to around 91,900 and 3,280, and the space was not bad, and the bottle was talked about at this time. Both Bitcoin and Ethereum are fluctuating at a high level after a strong rebound, and both are affected by the upcoming Fed interest rate decision, and the follow-up trend is highly uncertain.
Bitcoin/Ethereum is currently standing above 91500 and 3250, with gains of more than 3% and 5.7% in the past 24 hours, and it broke through 94000/3380 strongly in the US market last night, once touching 94555/3397, but fell back because it did not break through the resistance level near 95000/3400.
Technicals: The price is running above the moving average and the moving average is in a bullish position, forming a bullish resonance with the MACD golden cross, but KDJ shows that short-term bulls need to be wary of divergence risks. The upper key resistance is in the 94,000 to 95,000 and 3,400 to 3,450 areas, and the lower core support is 91,000 to 91,500, 3,200 and 3,250 support, and 90,000 and 3,150 are important psychological defensive support levels.
Operation suggestion: Bitcoin is around 91,500 to 92,000, and the target is around 94,000; Ethereum is more around 3270 to 3290, with a target near 3370.