The current narrow market oscillation is a brief pause and troop gathering by both the bulls and bears before a major battle. Bitcoin’s swings around $92,000, as well as Ethereum’s repeated attempts and failures to hold $3,100, both clearly illustrate the market’s current indecision.
From a technical perspective, both the $95,000 liquidity barrier facing Bitcoin and the resistance at the 200-day EMA (around $3,206) above Ethereum are hurdles that require real capital and strong market consensus to overcome. Until the direction becomes clear, any bet on either side comes with high risk. $BTC $ETH #十二月降息预测
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The current narrow market oscillation is a brief pause and troop gathering by both the bulls and bears before a major battle. Bitcoin’s swings around $92,000, as well as Ethereum’s repeated attempts and failures to hold $3,100, both clearly illustrate the market’s current indecision.
From a technical perspective, both the $95,000 liquidity barrier facing Bitcoin and the resistance at the 200-day EMA (around $3,206) above Ethereum are hurdles that require real capital and strong market consensus to overcome. Until the direction becomes clear, any bet on either side comes with high risk. $BTC $ETH #十二月降息预测