This week there is an FOMC meeting. Powell’s statements will be challenging. As long as the probability of a rate cut drops, go long. Spot can be played as a swing trade... exit by the end of the year... there are positive factors within the institutional system... Ethereum is holding above 3250, watch the daily golden cross.
Spot: Focus on assets within Binance’s market cap, those showing bottoming signals, just starting to move, with good and stable liquidity, mainly platform tokens. For small funds, look at assets with a $100 million market cap and those that have bottomed for 6 to 8 months since listing for short-term bottom picking.
Intraday: Today’s strategy is to go long on dips, 4-hour chart showing bottoming... target price is the daily golden cross level.
Ethereum intraday: Go long at 3050, 3070... add positions at 3020, 3000... take profit at 3170, 3220, 3250
BTC intraday: Go long at 90000, 89500, if it doesn’t come back, accumulate bit by bit... if current price pulls back, add more... take profit at 94500, 93600
For reference only, based on livestream and technical analysis #btc #eth
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2025.12.8 Daytime Market Analysis
This week there is an FOMC meeting. Powell’s statements will be challenging. As long as the probability of a rate cut drops, go long. Spot can be played as a swing trade... exit by the end of the year... there are positive factors within the institutional system... Ethereum is holding above 3250, watch the daily golden cross.
Spot: Focus on assets within Binance’s market cap, those showing bottoming signals, just starting to move, with good and stable liquidity, mainly platform tokens. For small funds, look at assets with a $100 million market cap and those that have bottomed for 6 to 8 months since listing for short-term bottom picking.
Intraday: Today’s strategy is to go long on dips, 4-hour chart showing bottoming... target price is the daily golden cross level.
Resistance levels: 3250, 3450, 93500, 96800
Support levels: 3080, 3000, 90800, 88600
Ethereum intraday: Go long at 3050, 3070... add positions at 3020, 3000... take profit at 3170, 3220, 3250
BTC intraday: Go long at 90000, 89500, if it doesn’t come back, accumulate bit by bit... if current price pulls back, add more... take profit at 94500, 93600
For reference only, based on livestream and technical analysis #btc #eth