#美联储降息 📊December 14 Midday Market Brief



【Bitcoin Section】

Looking at this wave of market movement, Bitcoin broke through 90391 with volume. The hourly candle closed above this level, so the opportunity to chase long positions on the right side has arrived. Don’t forget to set your stop-loss.

On the flip side, if there is a volume-driven decline below 89949 and the rebound doesn’t recover, then consider a short position. Chase short on the right side, and again, set a proper stop-loss. Pay close attention to changes in trading volume here.

If the price retraces down to 89441, and it’s a false breakdown, you can add a long position. However, if the low point of the false breakdown or a true breakdown to 88005 occurs, stop out. Don’t hold a long position if it doesn’t recover.

From the hourly perspective, if the price breaks through and stabilizes above 90599, the target range is between 91505 and 92711. In short, if it cannot break through these two key levels, the upward space will remain limited.

For those looking to short, note: if a 2B false breakout occurs near 92711, you can short. If it truly breaks and stabilizes above 93617, then you should stop out.

More conservative traders might consider entering a long position at 86221, and cut losses if it falls below 84742.

Honestly, yesterday’s movement was oscillating within the range of 90605 to 89715, unable to break higher or lower. The hammer candlestick at the lower end is interesting, indicating support below and marking the bottom boundary of the consolidation range. As long as the retracement doesn’t break below this range and the hammer line, the decline won’t deepen further. But if it cannot break through the range on the upside, the rally cannot continue, and it will just grind sideways within the range. In such a directionless market, it’s better to watch more and trade less—avoid forcing trades and getting caught.

Resistance levels: 90599 → 91505 → 92711
Support levels: 89715 → 89026 → 88027

4-hour key levels: If it breaks below 89723, look down to 88863 and 87744.

【Ethereum Section】

Ethereum broke through 3125 with volume, chase long on the right side, and set your stop-loss properly. Conversely, if it drops below 3104 with volume, chase short on the right side, and manage risk accordingly.

If the price retraces to 3038 and confirms support, you can add a long position. But if it falls below 2997, exit.

If the hourly chart stabilizes above 3133, look at the levels 3179 to 3227 above.

Important reminder: Keep an eye on potential short opportunities near 3230. If it breaks above 3271, stop out.

There is also a left-side pinning order at 2951 for a long position; if it falls below 2907, stop out.

Resistance levels: 3133 → 3179 → 3227
Support levels: 3077 → 3036 → 2982

If the 4-hour level at 3073 breaks downward, look to 3011 and 2966 below. Ethereum is currently at the upper boundary of a bullish flag pattern. A breakout could lead to a continuation of the rally; failure to break through would create resistance. There is also a previous high at 3181 above, which acts as resistance. To see around 3250, it needs to first break through the bullish flag pattern and then surpass 3181. If you’re not in a hurry, waiting for a clear direction before entering is a safe approach.
BTC-0.91%
ETH-0.07%
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FreeMintervip
· 22h ago
Another round of this box-range bottoming market, it's killing people trying to fight it. If you can't see through it, don't force it, wasting stop-losses.
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NFTBlackHolevip
· 22h ago
Once again, it's this kind of box bottom trending market, really annoying, better to watch more and move less. The second pancake's bullish flag pattern is stuck tightly, the previous high at 3181 looks like a mountain, if it can't break through, we have to keep waiting. Bitcoin at 90599 must hold this critical point, or this wave of market will be ruined. Stop-loss must be set; this kind of sideways market is most likely to cause liquidation, a painful lesson. If 89715 drops below, it's dangerous, be careful. Before the real direction emerges, I won't move at all, just watch. This kind of unpredictable market is the most annoying, you can't make money and it wastes energy.
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P2ENotWorkingvip
· 22h ago
Once again, this kind of sideways market with constant bottoming out, it's better to watch more and act less. Hard trading just invites losses. --- For Bitcoin, whether this wave breaks depends on the trading volume. If the volume isn't enough, don't chase the trend. --- There is accumulated resistance above the secondary Bitcoin, if it can't break through 3181, it's still the ceiling. Wait for a clear direction before playing. --- If 90599 can't hold, it feels like a retest is necessary. Stop-loss must be set; don't trade suicidally. --- There is interesting support here at the hammer line, but this kind of directionless market is really hard to make money. --- 3250 still seems early; let's wait for Bitcoin to break through the bullish flag pattern before considering. --- Yesterday, it fluctuated all day between 90605 and 89715, which was really boring. Can we get a direction today?
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GmGnSleepervip
· 22h ago
Another day of range-bound grinding. This market really has no momentum. Feeling like 90599 can't break through, probably need to wait longer. Don't want to get trapped. That flag pattern on the second chart is a bit annoying. If it can't break through, it's just a playground for bears. Better to watch more and act less. Don't force trades. This kind of oscillating market is most prone to liquidation. Better to be cautious.
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