Market analysis of BTC and ETH on December 10.

The BTC market quickly plunged in the early morning, breaking below the 110,000 mark to 109,500 before rebounding, but the rebound strength was very weak, clearly showing a weak trend. Since last night, the price has been continuously suppressed by the middle line of the Bollinger Bands, with significant pressure, consistent with the technical characteristics of the downward trend's middle line suppression.

From the one-hour chart observation, the volume has significantly shrunk, and the market's willingness to go long is low, with the short sellers dominating. Overall, there is a clear trend of short pressure. Based on the analysis of various technical indicators, the trading strategy in the morning session remains focused on shorting at highs.

Tip:

- BTC can be traded around 111800, 112500, with targets looking towards 109500, 109000.

- Two cakes: can be traded around 3820 and 3880, with targets looking towards around 3650 and 3600.
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