Federal Reserve Meeting Minutes Released with Three Points
In December, there were three dissenting votes on the rate cut, making the market trend even more unpredictable. Hold your positions and wait for the meeting announcement, and ensure proper protection to avoid being swept out!
From the chart perspective, it remains a consolidation range with oscillations between bulls and bears, shaking out traders. With just over twenty hours left in the year, the monthly candle is about to close. Bitcoin's rebound has not broken the previous high of the last gate, and the four-hour candle closing with a long upper shadow indicates insufficient buying confidence. As long as the rebound overnight does not break the 8930 high, minor pullbacks will continue, with short positions in the white session at floating profits, and support levels at 8780-8660 on the pullback.
Ethereum's rebound highs are continuously decreasing. Watch for a pullback support at 2957. If the price drops below this level, the pullback could be stronger. Depending on the situation, consider reducing positions or taking profits here, with further support at 2920-2886.
Wishing everyone a Happy New Year in advance! $BTC
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Federal Reserve Meeting Minutes Released with Three Points
In December, there were three dissenting votes on the rate cut, making the market trend even more unpredictable. Hold your positions and wait for the meeting announcement, and ensure proper protection to avoid being swept out!
From the chart perspective, it remains a consolidation range with oscillations between bulls and bears, shaking out traders. With just over twenty hours left in the year, the monthly candle is about to close. Bitcoin's rebound has not broken the previous high of the last gate, and the four-hour candle closing with a long upper shadow indicates insufficient buying confidence. As long as the rebound overnight does not break the 8930 high, minor pullbacks will continue, with short positions in the white session at floating profits, and support levels at 8780-8660 on the pullback.
Ethereum's rebound highs are continuously decreasing. Watch for a pullback support at 2957. If the price drops below this level, the pullback could be stronger. Depending on the situation, consider reducing positions or taking profits here, with further support at 2920-2886.
Wishing everyone a Happy New Year in advance! $BTC