The short-term trend of Bitcoin hinges on the 918-920 support line. Once it breaks through and holds above this level, the next target will be 930. If 930 can also be secured, then it’s truly something to look forward to—it could surge straight to 950k, 980k, or even approach the 100k mark. Last time, after breaking out at the 930 level on the 4-hour chart, it failed to hold steady, but this new rally has a pretty good chance. However, be cautious of a pullback; the 906-910 range is a good spot to lay low, and those without coins can consider testing the waters.
Ethereum’s situation is somewhat similar. The 317-318 range is holding back recent upward pressure; if it breaks through and holds, it could accelerate toward 3220 and above. After failing three times last week, the odds of a successful breakout on the next push are quite high. In case of a pullback, pay attention to the 3060-3090 range—those without positions can consider setting up here.
The real focus this week is the Fed’s rate cut decision. In the two days leading up to the cut, I personally lean toward a bullish approach. The market is generally sensitive to this timing, and the window for early positioning isn’t very long.
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DEXRobinHood
· 14h ago
918-920 doesn't break the stability, don't think about 100k, last week 930 didn't stand, now it's coming again? I believe your technical analysis, but don't just think about the moon, brother
Wait, is the Fed really going to cut interest rates in the past two days, it feels like a wolf is coming again
ETH that 317-318 has been tried three times, and you still dare to chase it? I looked like a trapped position
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BlockchainTalker
· 12-08 11:29
actually, let's break this down through a game theory lens—these resistance levels you're citing? they're empirically just psychological anchors. the market structure here reminds me of that scene in the matrix where neo keeps hitting the same wall... except this time it might actually break through, fundamentally speaking.
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CryptoMom
· 12-08 11:22
930 is really a psychological barrier. I’m still shaken from the last failed breakout.
If we can’t break 930, don’t even talk about 100k—it’s nonsense.
I’m not daring to go heavy during those two days of the Fed; I’d rather make less than get liquidated.
906-910 is a bit of a deep position. I think it’s better to wait for a clearer signal before entering.
Ethereum failed to hold above after breaking through three times in a row—is it really reliable this time? Feels a bit risky.
The couple of days before the rate cut are definitely a window of opportunity, but the risk isn’t small either.
318 has been a resistance level for so long. When it breaks, I’ll be watching the trading volume.
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HashRateHustler
· 12-08 11:20
It has failed to break through three times without any upward movement. Can it really break through this time? I doubt it... Anyway, I've set up positions at 906-910. If it doesn't break through, I'll cut my losses.
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GhostChainLoyalist
· 12-08 11:17
918-920 is going to fluctuate again. This guy is really paying close attention, but I still think we’ll break straight through 930. The previous two failures don’t mean it’ll fail this time as well. It feels like the bullish sentiment is indeed strong ahead of the rate cut.
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BearMarketBro
· 12-08 11:14
Is 918-920 really that solid? It didn’t seem to hold up in the past couple of days.
Wait, is everyone bullish just before the rate cut? Isn’t that basically gambling on the Fed? That’s a bit risky.
I’m skeptical about the 930 level. Ethereum couldn’t break through last Wednesday, what’s different this time?
The ambush point is indeed nice, but I still prefer to wait and see. Jumping in now feels too impulsive.
The real black swans are always out of the market’s expectations. Who can really predict the rate cut?
The short-term trend of Bitcoin hinges on the 918-920 support line. Once it breaks through and holds above this level, the next target will be 930. If 930 can also be secured, then it’s truly something to look forward to—it could surge straight to 950k, 980k, or even approach the 100k mark. Last time, after breaking out at the 930 level on the 4-hour chart, it failed to hold steady, but this new rally has a pretty good chance. However, be cautious of a pullback; the 906-910 range is a good spot to lay low, and those without coins can consider testing the waters.
Ethereum’s situation is somewhat similar. The 317-318 range is holding back recent upward pressure; if it breaks through and holds, it could accelerate toward 3220 and above. After failing three times last week, the odds of a successful breakout on the next push are quite high. In case of a pullback, pay attention to the 3060-3090 range—those without positions can consider setting up here.
The real focus this week is the Fed’s rate cut decision. In the two days leading up to the cut, I personally lean toward a bullish approach. The market is generally sensitive to this timing, and the window for early positioning isn’t very long.