12.9

BTC
From the perspective of macro market sentiment, things are still acceptable, with no major pessimism. The rest will depend on the interest rate meeting in the early hours of Thursday. Looking at the market heatmap and the inflow of on-chain funds, it is evident that traditional crypto market funds are gradually drying up, and we still rely on traditional financial institutions. Liquidity in the secondary market is very weak, leading to a gradual narrowing of price fluctuations and a need for directional choice. As mentioned in the past two days, any immediate rebound will not be strong. Next, pay attention to this week's interest rate decision. Currently, there is no clear direction, with the overall trend still downward. However, watch out for rebounds on the one-hour and four-hour charts at this position. These rebounds are short-term and do not indicate a reversal, so the intraday fluctuation range will still revolve around 89,000 to 93,000. In the next couple of days, focus on short-term trades. Support is at 89,000-87,200, resistance at 91,300-93,000.

ETH
Ethereum is the same. At the current position on the daily chart, it is about to reach the corresponding resistance. If it does not stabilize above 3,217, you still need to be cautious of risks. In the short term, the price will remain mainly range-bound, so be patient and wait for news to be released. Support is at 3,015-2,820, resistance at 3,180-3,240.