$BTC$ETH
Evening Analysis:
The interest rate cut has turned into a bearish signal; remember that chaos is brewing, and soon it will be Christmas disaster! The road is long and winding; when will the account be safe?
A high warning for three consecutive days, and the anticipated drop of ten thousand indeed came; this morning, 100,000 broke down. Although there was a rebound to the 1026 position within the day, it currently seems weak in its upward attempts. Last night at 2 AM, we witnessed this historical moment together; the interest rate cut led to a complete collapse, US stocks plunged, gold broke through 2600, and the crypto market saw widespread declines! The lack of any rebound is indeed a bit beyond expectations! Therefore, I didn't dare to suggest shorting, as extreme market conditions cause significant psychological pressure!
The BTC trend during the day is not particularly strong; a rebound of 4000 is within expectations, as typically a drop of ten thousand should see a rebound of 3000-5000. I believe the general direction is still a bounce to short, as this is just the first jab; there should be a second jab in the 4-hour chart! In principle, the bullish trend of BTC has not broken; it still belongs to an upward channel. If it were at ten thousand, there would definitely be opportunities to take long positions at 100,000, as locking in this profit of 2000 is crucial—don't let it drop and end up giving back profits! BTC's one-hour rise to 1026 met resistance, and without a V-shaped rebound, the peak would be around 103500!
Ethereum, on the other hand, is not optimistic. Currently, the daily line has broken the previous high, diverging and breaking the upward trend at the daily level, and it needs to pull back at the weekly level! Therefore, it’s not advisable to force long positions at this time; unless it’s spot trading, it’s useless to say even 5000. You need to consider your position's bearing capacity! Today's rebound to 3720 is an excellent position to enter short orders. It could drop back to around 3560!
The above analysis is purely personal trading records; those who follow are responsible for their own profits and losses!