December 8 BTC/ETH Analysis:

Storms brewing on the eve of the rate cut, SOPR reset and gathering momentum!

Last night’s market saw a sharp dip followed by a quick rebound, with erratic movements and no clear logic. The main focus this week is Thursday’s Federal Reserve FOMC meeting, with a rate cut almost set in stone. Meanwhile, Japan is eyeing a rate hike, highlighting the tug-of-war between bulls and bears. Don’t chase the market before the news is confirmed!

BTC
Last night’s dip broke the previous low and started a small-scale oversold rebound, breaking through short-term resistance. The 4-hour MACD has now formed a bullish golden cross with increasing volume. Watch for a pullback to the 9020 support during the day; as long as this level holds, there could be another push upwards. If this level is broken and the bullish trend weakens, exit manually.

Focus on the 9020-9060 range for longs, target 9180, with a breakout aiming for 9300-9410.

ETH
The rebound after the dip has basically recovered all losses, and a complete ascending wedge structure is forming on the smaller timeframe. During the day, watch for a pullback to the 3070 support; as long as this level holds, the upward momentum remains.

Focus on the 3082-3105 range for longs, target 3150, with a breakout aiming for 3193-3238.

Short-term trading should be flexible, and stop-loss levels should be set according to your actual position! #美联储降息预测