From the four-hour timeframe, the Bollinger Bands are gradually moving lower, and the MACD is also trending downward, with the energy bars clearly shrinking. However, the KDJ shows some interesting signs — the curve is brewing a bullish crossover signal. Switching to the one-hour chart, the situation is different. The Bollinger Bands are beginning to expand upward, the MACD histogram is slowly rising, and trading volume has modestly increased. The KDJ on this level is oscillating within a narrow range and is still digesting and consolidating.
Regarding the subsequent trend, the Federal Reserve's rate cut expectations continue to dominate risk appetite, which will have a sustained impact on the performance of $BTC and $ETH.
**$BTC Direction**: The 88,000-88,500 level is a key area to watch recently. If it faces resistance here, the target below points to the support zone at 86,900-85,900.
**$ETH Direction**: The vicinity of 2,960-2,990 is an observation point. If broken downward, the range of 2,910-2,880 will become a stronger support.
Overall, the short term is still in the process of bottoming out. Patience is needed until clearer directional signals emerge.
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HodlOrRegret
· 16h ago
After such a long bottoming process, I think it's giving us a chance to buy groceries. Be patient and wait slowly.
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CrossChainBreather
· 12-16 16:41
Bottoming out, still bottoming out, when will it finally break through?
If BTC can't hold 88K, then we look at 86K; ETH is the same routine, so boring.
Does a KDJ golden cross necessarily mean a rise? I don't think so, the Federal Reserve hasn't confirmed yet.
Waiting for signals, but by then the yellow flowers might have withered, might as well go all in directly.
With such strong expectations of rate cuts, why is it still falling? It doesn't make sense.
People are floating in the crypto market, caution is very important, but what's the point of being overly cautious? It's about time to get in.
Will Bollinger Bands expand space? Said the same last time, but it still broke lower.
This chart doesn't look interesting, better wait for a real signal before taking action.
The key level at 88,000 is just a number, breaking it isn't the end of the world.
Bottoming out means still falling, right? This time I don't believe your nonsense.
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ContractFreelancer
· 12-16 16:40
Just grind the bottom, anyway it's not the first or second time. Let's wait for the signal.
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pvt_key_collector
· 12-16 16:37
It's tough to bottom out. If this wave can't hold above 88,000, I'll just cut my losses directly.
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RugDocDetective
· 12-16 16:31
Just grind it down if you want, anyway the Federal Reserve hasn't finalized anything yet, so there's no point in saying anything now.
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AirdropSweaterFan
· 12-16 16:22
During the bottoming phase, the most annoying signals are these seemingly true but false signals—golden cross, golden cross—yet the price still can't go up.
#美联储降息 Tuesday Night Market Summary
From the four-hour timeframe, the Bollinger Bands are gradually moving lower, and the MACD is also trending downward, with the energy bars clearly shrinking. However, the KDJ shows some interesting signs — the curve is brewing a bullish crossover signal. Switching to the one-hour chart, the situation is different. The Bollinger Bands are beginning to expand upward, the MACD histogram is slowly rising, and trading volume has modestly increased. The KDJ on this level is oscillating within a narrow range and is still digesting and consolidating.
Regarding the subsequent trend, the Federal Reserve's rate cut expectations continue to dominate risk appetite, which will have a sustained impact on the performance of $BTC and $ETH.
**$BTC Direction**: The 88,000-88,500 level is a key area to watch recently. If it faces resistance here, the target below points to the support zone at 86,900-85,900.
**$ETH Direction**: The vicinity of 2,960-2,990 is an observation point. If broken downward, the range of 2,910-2,880 will become a stronger support.
Overall, the short term is still in the process of bottoming out. Patience is needed until clearer directional signals emerge.