December 9 Afternoon Bitcoin and Ethereum Trading Recommendations and Direction Sharing

From the current market outlook, the 1-hour chart shows a choppy downward trend. The Bollinger Bands are opening downward, with prices operating near the lower band. In the short term, bearish forces are dominant, but the support at 89,000 remains solid, causing prices to continue moving within a narrow range. From the candlestick pattern perspective, there have been three consecutive long bearish candles with increased trading volume, indicating strengthened bearish momentum. Recent highs are gradually moving lower, though lows have not been effectively broken, forming a descending channel. In the short term, weakness may persist, and the market is in a bear-dominated downward consolidation phase. However, the effectiveness of the lower band support is key in the short term. For trading, it is recommended to wait for a pullback and accumulation before entering long positions.

For Bitcoin, consider going long around 89,500-89,000, with attention to 92,500.
For Ethereum, consider going long around 3,100-3,070, with attention to 3,200.
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