December 12th BTC and ETH are ready for a big waterfall.



Recently, various institutions have issued warnings, mainly about high volatility. The Federal Reserve is eager to expand its balance sheet, indicating that the US banking system is short of funds. They can't wait any longer. Since there is a liquidity shortage, it may soon affect asset prices across various categories (generally weakening multiple global assets), radiating worldwide. Therefore, major domestic institutions have recently issued warnings.

Current buying pressure is mainly driven by the institutional forces trying to force the market up. We can observe this by looking at the fluctuations in each rally and decline ratios.

BTC trading advice: Short at 92700-93100, target 91400, if broken then watch 90000, then 88000.

ETH trading advice: Short at 3270-3290, target 3160, if broken then watch 3100, then 3040.
BTC0.16%
ETH0.49%
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