The entire market is currently in a wait-and-see mode ahead of the Federal Reserve's policy decision. The expectation of a rate cut has already been priced in, bullish momentum is clearly lacking, and sideways consolidation has become the main theme.
For Bitcoin, the 4-hour chart pattern is starting to tighten, and the Bollinger Bands are narrowing. The 92,000 to 92,500 range is a key resistance area, while 89,000 to 89,500 serves as support. If you short within the resistance area, you can set your targets below 90,000 and 88,000 respectively.
Although Ethereum has been closing daily candles in the green, the 4-hour moving averages have converged, indicating fading momentum, and overall it remains in a downward channel. Resistance is at 3,150 to 3,200, while support is at 3,000 to 3,050. In terms of trading logic, shorting within the 3,150 to 3,180 range is more appropriate, with targets set around 3,050 and 3,000.
Overall, during this period leading up to the Fed's decision, there aren't many special opportunities—it’s better to observe and be patient.
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ShibaSunglasses
· 8h ago
Waiting for the Federal Reserve? I think it's better to wait and see. Jumping in now with diminishing momentum is just a free gift.
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SandwichVictim
· 12-10 05:46
Waiting for the Fed's decision to be cut, I have seen this routine a lot.
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What else can I watch for four hours after sitting sideways for so long, just stud.
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What is 89,000 supporting 92,500 pressure, and I still don't know what to do after talking for a long time.
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Hold on, and the Fed will collapse again as soon as it takes action.
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At this time, what resistance support is still being deducted, it is better to go to bed and wake up.
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Observe more and wait slowly, translated as lying flat without a market.
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I wonder if the Fed will really cut this time or if it will be a fake cut.
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CryptoWageSlave
· 12-09 10:17
Alright, it's the same old waiting for the Fed again. So annoying.
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Sideways trading is just harvesting retail traders' fees. Anyone who moves loses.
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The 92,500 resistance level is definitely tough, but let's wait and see for now.
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Just wait, the rate cut expectations are already priced in. Any move now is just catching the falling knife.
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ETH around $3,000 still needs to wait. Trying to bottom fish now is easy to get stuck.
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Whenever the Fed has a meeting everything just freaking stops. Better to just observe for now.
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Honestly, there's no real opportunity this time. The most important thing is to hold onto your own coins.
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MEVSupportGroup
· 12-09 10:14
Now it's all arbitrage bots playing the game; as retail investors, we just have to wait patiently. Either way, we're destined to be harvested.
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GasWastingMaximalist
· 12-09 10:14
Wait, is there really no chance? I feel like now is actually the time when mentality is tested the most.
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ForkTongue
· 12-09 10:03
It's the same old waiting for the Fed again—I'm so sick of it. Who can stand this sideways trading every day?
View OriginalReply0
GweiWatcher
· 12-09 09:55
Wait, the rate cut expectations have all been priced in and it's still moving sideways? That's just ridiculous.
#美联储重启降息步伐 Tuesday Night $BTC and $ETH Short-Term Strategy Overview
The entire market is currently in a wait-and-see mode ahead of the Federal Reserve's policy decision. The expectation of a rate cut has already been priced in, bullish momentum is clearly lacking, and sideways consolidation has become the main theme.
For Bitcoin, the 4-hour chart pattern is starting to tighten, and the Bollinger Bands are narrowing. The 92,000 to 92,500 range is a key resistance area, while 89,000 to 89,500 serves as support. If you short within the resistance area, you can set your targets below 90,000 and 88,000 respectively.
Although Ethereum has been closing daily candles in the green, the 4-hour moving averages have converged, indicating fading momentum, and overall it remains in a downward channel. Resistance is at 3,150 to 3,200, while support is at 3,000 to 3,050. In terms of trading logic, shorting within the 3,150 to 3,180 range is more appropriate, with targets set around 3,050 and 3,000.
Overall, during this period leading up to the Fed's decision, there aren't many special opportunities—it’s better to observe and be patient.