The fundamentals for Bitcoin/Ethereum remain key this week.

They have broken below support but have not broken above resistance.

The Fed's inflation indicator remains below 3%, making it unlikely that the Fed will hold off on a rate cut at next week's meeting. However, the Bank of Japan will also decide on rate hikes this week. Since the yen has been the world’s main liquidity pool for quantitative easing for over a decade, expectations of tightening will lead to short-term liquidity contraction, which could impact price movements.

Intraday trading saw another shakeout, with a sharp pre-market drop on Monday. After breaking below strong support at the bottom, a rebound occurred, providing an opportunity for previous short positions. Similarly, there is still risk of further declines. Why do I say this? Retail investors mainly see bearish signals, but in reality, this is just a normal retracement and structural adjustment rebound. Last Friday’s live room—static post confirmed the retracement support level and suggested considering closing out BTC/ETH shorts. Now is a good time to review!

Market sentiment is neutral. On the external side, there are significant bullish factors: Fed rate cut expectations and benefits from China-EU cooperation. However, these are partially offset by bearish factors such as hacker attacks and regulatory uncertainty. If a hawkish stance continues, there will still be room for a pullback. Retail investors should be mindful of both pullback and rally risks.

This week’s weekly candle is bullish, with the overall trend continuing to move sideways. The key resistance above is around 93,000, which is also the retest of the trendline, and key support is near the 88,000 level. On the daily chart, price remains within an ascending channel and is currently running around the midline.

Key resistance above is in the 93,500–94,000 area ( downtrend line + last week's high ). Key support below is the channel lower boundary around 87,000. Daily indicators MACD and RSI have formed a golden cross, pointing to a rebound. For short-term opportunities, watch the 4-hour chart. If there’s a breakout, there is a chance to form a W-bottom bullish structure, but be sure to watch the normal retracement range; focus on the strength of support at the key level on short-term pullbacks.

For BTC, consider scaling in longs in the 90,500–91,000 range, 🎯 92,500–93,800. If it breaks out, watch the 94,800–95,500 level.

For ETH, consider longs in the 3,080–3,100 range, 🎯 3,180–3,250, with resistance at 3,350–3,400 above. Set full defense based on your actual position size, and always refer to real-time price action for specifics! #十二月行情展望 $BTC $ETH