December 9 Midday Bitcoin and Ethereum Trading Suggestions and Direction Sharing

From the current market situation, the 4-hour chart shows a Bollinger Bands convergence pattern, with all three bands remaining flat. In the short term, BTC is oscillating in a narrow range around 89,500 to 91,200, without forming a clear one-sided trend. It is currently moving between the middle and upper bands, with dense upper wicks on the real bodies, indicating strong resistance above in the short term. Support below around the 89,000 to 89,500 area remains a key short-term dividing line, providing strong support. On the 1-hour chart, the trend is in a consolidation phase, with BTC operating near the lower middle band, the range narrowing, and a balance of bullish and bearish forces. The Bollinger Bands show signs of moving downward, and the stepwise consecutive bearish candles with upper wicks suggest short-term bulls have a desire to rebound, but due to strong resistance, a reversal is unlikely. Therefore, the midday trading suggestion is to wait for a pullback and accumulation before entering long positions.

Midday BTC: Long near 89,500 to 89,000, watch 92,500
ETH: Long near 3,100 to 3,070, watch 3,200 #BTC #ETH