#BTC 12.9 Midday Bitcoin & Ethereum Market Analysis and Trading Suggestions

Looking at the 4-hour level, although the market has been oscillating repeatedly and volatility has contracted within the 89,000-90,500 range, the price center of gravity is gradually moving closer to the lower end of the range, and upward momentum is weakening. Multiple unsuccessful attempts to break through 91,500 indicate strong resistance above, while the recent pattern of lower highs for rebounds suggests that the bears are gradually accumulating an advantage. Even though there have been a few support rebounds near 89,000, these are more indicative of short-term buying resistance and have not resulted in a strong upward breakout, with the overall structure remaining a weak consolidation.

The 1-hour chart further confirms the characteristics of slowing market momentum and a weak bias. The price is moving slowly below the midpoint of the range, and volatility continues to shrink, reflecting increasing market wait-and-see sentiment, but with weak rebounds. Multiple rapid pullbacks during the session seem to show support from low-level buyers, but in reality, there is a lack of sustained follow-through, and each rebound is increasingly limited, indicating that bullish strength is being depleted. The market as a whole presents a "weak resistance, slow downward movement" structure.

Key indicators also reflect this situation: the MACD repeatedly converges near the zero axis without forming a bullish crossover, instead showing multiple downward opening attempts; the RSI remains in a slightly bearish zone below neutral, with rebounds failing to hold above the midline, indicating that buying power is difficult to sustain and the market is still in a bear-dominated, pressured oscillation phase.

Therefore, judging from the weak oscillation and lack of rebound strength, the current trend favors the bears consolidating their position. It is not advisable to blindly chase long positions; instead, focus on shorting opportunities after rebounds face resistance. Wait for the price to approach the upper end of the range or show weak rebounds to selectively enter short positions, and pay close attention to risk management. For downside, watch whether 89,000 can be effectively broken.

For midday, Bitcoin can be shorted near 91,000 with a target of 89,000.
For midday, Ethereum can be shorted near 3,150 with a target of 3,050.#参与创作者认证计划月领$10,000 #美联储降息预测