#BTC 12.9 Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions

The current market sentiment is gradually recovering, with bullish momentum continuously accumulating. The market shows a clear oscillating upward trend, and the overall structure is expected to maintain its strength. From the hourly chart, the previously anticipated W-bottom structure has been precisely realized—this morning, after the market touched the neckline and came under pressure, it retraced to the bottom support area, then quickly rebounded from the bottom, forming an effective signal of a halt in the decline, confirming the double-bottom structure.

Observing the candlestick pattern, there is a distinct long lower shadow at the bottom, clearly demonstrating the resilience of the support area and indicating that selling pressure has been largely released, further strengthening the foundation for a subsequent rebound and continuously signaling bullish attacks.

In terms of strategy, it is recommended to follow the current bullish trend and actively deploy long positions based on the support area. In the short term, pay close attention to the resistance near the 92,000 level at the top of the W pattern. If an effective breakout occurs with accompanying trading volume, further upside potential could open up.
The overall market structure remains positive. With the trend confirmed, patience is advised to seize buying opportunities during pullbacks in the oscillating market.

In the afternoon, you may go long on Bitcoin around 90,000, with a target of 92,000.
In the afternoon, you may go long on Ethereum around 3,100, with a target of 3,200.#参与创作者认证计划月领$10,000 #美联储降息预测