Monday BTC, ETH, Sol Analysis.

A new week begins, and this week the market is focused on Thursday’s interest rate cut, which is basically confirmed to be a 25-basis-point cut. However, more people are saying this will be a hawkish rate cut, with Powell being pressured and forced into it. Therefore, attention needs to be paid to Powell’s speech after the rate cut, as there’s no guarantee he won’t drop a bombshell.

Back to the charts, the long orders set up last Friday were advised to be held into this week. The rebound target of 90,000-91,800 was reached late last night, followed by a quick 3,000-point pullback. The 4-hour K lines frequently show wicks, making it difficult to profit—positions that are even slightly heavy may get wiped out right before the dawn. The rebound resistance remains at 91,800; only a breakout here will strengthen the rebound and lead to a second rally testing 93,200-94,000-96,000. For intraday pullbacks to the 90,800-90,300 range, watch for long opportunities, with a stop at 89,800. If this level is broken, there’s no need to hold longs. Watch 88,800-87,000 below.

ETH’s long order from last Friday also hit the target resistance at 3,080-3,150 last night, followed by a quick pullback. The rebound resistance remains at 3,150; only a breakout here will allow a second rally to test 3,200-3,250-3,300. For intraday pullbacks near 3,080-3,050, watch for longs, with a stop at 3,000. If this level is broken, there’s no need to hold longs. Watch 2,910-2,860 below.

Sol’s intraday rebound resistance is at 136; a breakout here will resume the rebound. Above that, watch 140-145. For intraday pullbacks to the 133-131 range, look for long opportunities with a stop at 130. If this level is broken, there’s no need to hold longs. Watch 126-123 below for another entry.

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#十二月行情展望