#ETH走势分析 December 8 Market Watch: Bulls and Bears Stalemate, How Should We View Key Levels?

The market has been quite interesting these past couple of days. Both BTC and ETH are stuck in an awkward spot—if you say they're going up, there's a clear ceiling above; if you say they're going down, there's support below. Neither bulls nor bears are giving in, so it's a matter of who cracks first.

Let's start with BTC. Right now, the price is hovering around 91,187. Yesterday saw quite a bit of action, with a direct drop to 89,000, but it quickly bounced back. What does this mean? At the very least, there are buyers willing to step in at the 89,000 level.

Looking up, the 91,800 to 92,000 range is a tough nut to crack. This area was the previous top during consolidation and is also close to the upper Bollinger Band, meaning there's both technical and psychological resistance. Bulls will have to show real strength to break through.

How to trade this? My view is: if the price touches around 91,800 but can't hold, consider trying a light short, betting on a pullback. After all, on the 15-minute chart, resistance is already showing up at 91,700. But if one day there's a sudden surge and it breaks out and holds above this level, don't fight the market—switch to long when it's time. For support, first watch 91,000, then 89,000.

Now for ETH. Currently around 3,109, the 3,000 support line is holding up fairly well. In the short term, this bottom isn't weak.

Where's the resistance? The first hurdle is 3,140, the second is 3,186. If these aren't broken, it's likely to keep ranging sideways. In terms of trading, if it rebounds to the 3,140-3,150 range, you can look for short opportunities. Once it holds above 3,186, it's time to reconsider and look for long setups. In the mid-to-long term, as long as 3,000 holds, there's still room for imagination. For support, watch 3,100 and 3,050 below.

Overall, the market is in a tug-of-war. BTC reference range 91,500-91,800, ETH reference range 3,120-3,150—looking for short opportunities near these resistance levels makes sense logically. But remember: the market can change faster than flipping a page. If BTC holds above 91,800 or ETH above 3,186, don't stubbornly stick to shorts—stop out when needed, reverse when needed.

One last reminder: whether you're going long or short, always set a stop loss and control your position size. Don't let a single pullback wipe out your capital. $BTC $ETH $XRP