BTC/ETH Analysis for December 9:

Inflation expectations locked at 3% ahead of Powell’s departure!

Over the past year, BTC has seen a cumulative outflow of 403,200 coins. In theory, this supply contraction should have supported price strength, but panic selling triggered a chain reaction, preventing the market from delivering as expected. More critically, institutions previously betting on rate cuts of over 25 basis points are now constrained by the 3% inflation expectation and are unable to achieve looser policy goals. Many are shifting their expectations to the more accommodative Japanese market, further exacerbating market liquidity pressures.

BTC
The price is under pressure and pulling back at the 9200 level. The four-hour chart has broken the mid-band support with decreasing volume. The candlestick shows a bearish engulfing pattern, KDJ continues to diverge downward into the oversold area, suggesting prices will continue to fall. Watch for intraday rebound resistance at 9050. If the rebound fails to stabilize above, the hourly chart will continue to weaken. Consider a light position at 8880.

Focus on the 9030-9070 range, target 8950-8880, and if this breaks lower, look to 8760.

ETH
Focus on the 3118-3137 range, target 3080-3033, and if this breaks lower, look to 2978.

Short-term trading should remain flexible, and defensive levels should be determined based on your actual position! #美联储降息预测