After the Federal Reserve's December interest rate decision, Bitcoin exhibited a "buy the anticipation, sell the fact" pattern. The price initially surged to 94,500, then quickly retreated, currently oscillating around the key support level of 90,000 with consolidation. Short-term bullish and bearish battles are intensifying, and market sentiment is clearly polarized.
The short-term trend is mainly characterized by wide-ranging fluctuations, with core disagreements centered on the validity of the 90,000 support level and the strength of the 94,000 resistance breakout; the weekly chart shows a "three-candle decline" pattern, implying a potential bullish signal, which requires subsequent weekly candlesticks to close higher and break above the high points to confirm; if the daily chart effectively breaks below the 90,000 support, it will break the short-term oscillation structure, continuing the previous downward trend. Currently, it is necessary to wait for a key price level breakout to clarify the subsequent market direction.
Bitcoin: Buy near 89,000-89,800, target 91,500-93,000
Ethereum: Buy near 3,150-3,200, target 3,300-3,400
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After the Federal Reserve's December interest rate decision, Bitcoin exhibited a "buy the anticipation, sell the fact" pattern. The price initially surged to 94,500, then quickly retreated, currently oscillating around the key support level of 90,000 with consolidation. Short-term bullish and bearish battles are intensifying, and market sentiment is clearly polarized.
The short-term trend is mainly characterized by wide-ranging fluctuations, with core disagreements centered on the validity of the 90,000 support level and the strength of the 94,000 resistance breakout; the weekly chart shows a "three-candle decline" pattern, implying a potential bullish signal, which requires subsequent weekly candlesticks to close higher and break above the high points to confirm; if the daily chart effectively breaks below the 90,000 support, it will break the short-term oscillation structure, continuing the previous downward trend. Currently, it is necessary to wait for a key price level breakout to clarify the subsequent market direction.
Bitcoin: Buy near 89,000-89,800, target 91,500-93,000
Ethereum: Buy near 3,150-3,200, target 3,300-3,400