The market phenomenon #美联储降息 is quite interesting — the daily chart shows consecutive gains, and the overall pattern is stuck at a high level, oscillating back and forth; the hourly chart shows staged rallies with a decent structure, but the recent candles have formed some bearish signals, indicating a potential correction.



Both the MACD and MACD histogram are above the zero line, suggesting a strong bullish momentum. However, the hourly MACD bars are starting to thin out, and short-term resistance signals are gradually emerging.

Pay attention to the RSI data — the hourly RSI has already reached 71.2, approaching the overbought threshold, so the rebound risk needs to be closely monitored; the daily RSI is at 63.2, leaving room for further upward movement. Regarding moving averages, the hourly EMA7 > EMA30 > EMA120 maintains a complete bullish alignment, and the pattern remains intact; the price is moving along the EMA7. A break below EMA7 would require watching whether EMA30 can hold.

**Practical trading approach**: Use the 89200 level as support, and buying on dips remains the main strategy.

**Bitcoin**: The current trading direction is mainly bearish: targeting the 93300-92500 range, with a stop-loss above 94000, and aiming for a lower target of 91600-90800.

**Ethereum**: Proceeding simultaneously: short positions entered at 3240-3200, with a protective stop above 3280, and targets set at 3170-3130.

$BTC
$ETH
$SOL
BTC-1,23%
ETH-1,83%
SOL-3,83%
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MindsetExpandervip
· 01-07 17:34
The high-level oscillation pattern, the hourly chart is almost overbought, be careful of a reversal. Wait, the RSI is already at 71.2, still daring to short? The risk is a bit high. If 89200 can't hold, go all-in on the long side, really? When the candlesticks become thinner, it's a sign of distribution; I feel like it will fall. Once EMA7 breaks, it's over; can it turn around at this point? Short-term resistance + overbought, I feel that a bearish approach is more reliable. However, the Federal Reserve hasn't implemented anything yet, holding a short position always feels a bit uneasy.
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FlashLoanPhantomvip
· 01-05 17:14
High-level fluctuations are indeed annoying, and the hourly overbought level of 71 is a bit hard to hold up.
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GasFeeCriervip
· 01-05 05:06
If 89,200 can't hold up, we're in trouble. It feels like this wave is about to crash down.
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PanicSellervip
· 01-05 04:54
Hanging around at high levels for so long, I'm just worried that a drop below EMA7 will directly break through the psychological barrier.
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AirdropHunter007vip
· 01-05 04:48
High-level wobbling is indeed uncomfortable. When the hourly candlestick gets thinner, I start to get nervous.
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SerumSquirtervip
· 01-05 04:45
Wavering at high levels, RSI is almost overbought. This time, it still depends on whether 89,200 can hold.
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BTCRetirementFundvip
· 01-05 04:43
The bearish signals are becoming more and more obvious. The hourly RSI is already at 71.2, and it still wants to surge higher. This time, I’m afraid it’s going to take a hit.
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