How many people’s stop-loss orders were hidden in the December 8th market move #数字货币市场洞察 ?

Let's start with Ethereum—dropping all the way from 3040 through 2910, many thought a deep correction was coming. But then, that wick above 3130 in the early morning plunged straight down to 3010, fully exposing two rounds of downside. Now, both $BTC and $ETH are stuck in a stalemate after testing the bottom and rebounding, while expectations of a Fed rate cut continue to stir up market sentiment.

Bitcoin’s price action was even more dramatic. Overnight, it touched a low of $87,688, then instantly surged to $91,720, before falling back and consolidating above $90,000. On the daily chart, the MACD histogram is expanding upward, showing bulls still have strength, but the EMA30 resistance sits at $93,600, and the upper Bollinger Band is guarding the $94,500 level. Switching to the 4-hour timeframe, MACD is nearly done contracting, and if $92,000 holds, there’s a good chance for a bullish crossover of DIF and DEA.

The key battle zone right now is between $87,000 and $92,000. There is clear buy support between $87,500 and $88,000. Looking higher, $92,600 is a barrier—if that’s broken, there’s room to move up.

Ethereum, on the other hand, delivered a textbook V-shaped reversal. After bottoming at 2910, it quickly rebounded, once surging near 3160 for a gain of over 8%. After a pullback, it’s now consolidating above the 3130 level again. Technically, the daily MACD bullish momentum is weakening, while on the 4-hour chart, there was a bear trap and then a rally signal. Resistance is concentrated in the 3180-3200 range, with another level at 3250 above; the key support below is the 3000 round number, and the 2900-2950 region is a must-hold for the bulls—whether it holds will directly determine the next move.

Trade ideas: For $BTC, watch for short opportunities near 91,600-92,000, targeting 89,500; for $ETH, look for shorts around 3,140-3,160, targeting 3,060, with stop-losses set at 93,300 and 3,220 respectively.

The daily analysis and strategies are based on real data, but the market changes rapidly. There may be a delay in article publication. Please base your trades on real-time data and assume your own risk.