#美联储重启降息步伐 December 9 Early Morning BTC/ETH Technical Analysis

BTC’s recent move is quite interesting. The middle band of the Bollinger Bands, which used to support the price, has now turned into resistance. The current position is right at the lower band, with the entire band structure narrowing and the trend tilting downward. In the short term, a bearish approach feels more comfortable.

Looking at the 1-hour chart, there was just a spike followed by a reversal, clearly showing bearish pressure. If it can’t quickly stabilize above the middle band, it’s highly likely to continue testing lower levels.

For BTC: Consider short positions around 91,000, targeting the 90,000-88,500 range.

For ETH: Set up shorts around 3,165, targeting 3,090-2,900.

Continue to monitor the Fed’s moves on rate cuts, as this still has a significant impact on the broader market.