Tuesday Night BTC & ETH Strategy

BTC 4H chart shows a converging pattern, with Bollinger Bands continuing to narrow and flatten. The market is currently in a wait-and-see phase ahead of the December Fed rate decision, and rate cut expectations have already been priced in. Bulls currently lack sustained momentum for an upward breakout, making it difficult to break above the upper boundary of the consolidation channel in the short term.

BTC resistance is concentrated at 92,000-92,500, with support at 89,000-89,500.

ETH daily chart has shown consecutive bullish candles, but the highs are failing to rise significantly. On the 4H chart, moving averages are intertwined, MACD momentum is weakening, RSI has not broken through the 60 threshold, and it remains in a downward channel.

ETH 4H consolidation range has resistance focused at 3,150-3,200 and support at 3,000-3,050.

Night Trading Strategy:
Short BTC in the 92,000-92,500 range, targeting 90,000 with a further downside to 88,000.
Short ETH in the 3,150-3,180 range, targeting 3,050 with a further downside to 3,000.