#ETH12月行情预测 Bitcoin and Ethereum volatility storm is imminent! Next week's Non-Farm Payrolls, CPI, and Japan rate hike will ignite the global markets!

Bitcoin and Ethereum are about to experience a turning point! Storm warning for next week! The Federal Reserve's rate cut faces hawkish encirclement, and the rate decisions of the Bank of England, European Central Bank, and Bank of Japan are imminent, with fireworks ready. Non-farm payrolls and CPI data will also be released soon. The US dollar index at 98 is teetering on the edge, and the cryptocurrency market's calm is about to be broken!
This past week, the Federal Reserve's rate cut event caused active market fluctuations, but the anticipation-buying and selling-fact approach ultimately only pushed Bitcoin higher before pulling back. Overall, Bitcoin ranged from around 89,000 at the beginning of the week, rising to 94,000, then returning to around 90,000 by the weekend. Ethereum started the week at 3,000, climbed to 3,400, and then retreated to around 3,100 by the weekend. After a rollercoaster, prices still returned to the levels from a week ago. Overall, the market remains quite calm, but it feels more like the calm before the storm!
The positive effects of the Federal Reserve’s rate cut have already been realized. Next week, the Bank of Japan, European Central Bank, and Bank of England will all announce rate decisions, and monetary policies seem to be changing across these countries. Especially with Japan’s near-certain rate hike, cryptocurrencies may face renewed pressure, and the upcoming non-farm payroll and CPI data will likely show more economic inflation issues, providing more reference for the next Fed rate decision. Additionally, several Federal Reserve officials will speak next week, which will significantly impact the crypto market!
From a technical perspective, Bitcoin weekly chart indicators still show continuous bearish volume expansion. The daily Bollinger Bands are gradually flattening and narrowing, with the upper band at 93,500 and the lower band at 87,500, continuing to contract until a breakout occurs. This will be the range tested next week.
Ethereum weekly MACD shows signs of slight bullish correction amid ongoing bearish momentum. The daily chart indicates the current price is just above the midline, with the upper band at 3,300 and the lower at 2,850, showing a tightening pattern. A breakout is expected within this range.
This weekend, the US stock market is closed, and Bitcoin and Ethereum are experiencing low volatility. Currently, Bitcoin is holding near the 90,000 level, with signs of recovery. Short-term resistance levels are around 92,000 and 93,500; support levels are around 89,000 and 88,000.
Ethereum’s key support zone at 3,000 is relatively strong. After retesting this area, prices rebounded. Short-term resistance levels are around 3,160 and 3,250; support levels are around 3,000 and 2,930.
Over the weekend, prices are consolidating with minor recoveries. Although there is some rebound, the space is limited. Let's watch how next week unfolds.
Warm reminder: Short-term focus on rebounds, then observe for pullbacks and sideways consolidation.
Attached chart: Major economic data release schedule for next week.