Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#比特币波动性 In December, the expectation of interest rate cuts suddenly intensified, with the probability soaring to over 60%. This is a strong stimulant for the market, and short-term sentiment has indeed been boosted. However, how will it play out in the long term? To be honest, there are still quite a few variables, as the macroeconomic environment remains a factor.



Looking at the market trend, there was a washout in the early session, with a low test around 86000 that was quickly bought up. After that, it rebounded and regained the position above 87500. The daily line closed with a doji, a typical standoff pattern between bulls and bears. The main tone now is a consolidation with oscillation, providing space for operations both up and down.

From the 4-hour level, the price is moving sideways near the upper Bollinger Band, with moving averages starting to converge and stick together, while trading volume is also shrinking. This kind of trend requires close attention to the support level of 86,000; whether it can hold is crucial.

In terms of operational strategy, if there is a pullback to the 85,500-86,000 range in the afternoon, consider entering a long position, targeting 87,500-88,500, with a stop loss set below 85,000. For Ethereum, the 2,750-2,800 range can be targeted, with a goal of 2,880-2,950, and a defensive position at 2,730.

$BTC $ETH
BTC-0.43%
ETH0.77%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
BlockchainBrokenPromisevip
· 10h ago
The expectation of interest rate cuts has pumped a wave, but this doji candle looks a bit weak, and I feel like there will be another wash later.
View OriginalReply0
CryptoPhoenixvip
· 10h ago
It's another day of being taught by the Whipsaw. Holding 86000 is victory. The key is to maintain a steady mindset when entering the long order this afternoon. Don't be swayed by short-term ripples; faith transcends cycles.
View OriginalReply0
DAOdreamervip
· 10h ago
With the probability of interest rate cuts rising so sharply, we have to keep an eye on the macroeconomic situation... To put it bluntly, there's still a lack of confidence.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)