#美SEC促进加密资产创新监管框架 Morning Observation on December 7: $BTC and $ETH Trend Analysis

The current market is showing a weak consolidation trend. The core issue? An imbalance between bullish and bearish forces, combined with key resistance levels suppressing the market.

First, let's look at Bitcoin. The Fed’s interest rate cut expectations are indeed sending liquidity signals, but here’s the problem—ETF funds are continuously flowing out, and the correlation with traditional assets is loosening, leading to a clear lack of buying power. The $93,000 to $95,000 range has repeatedly pushed back rebounds. Technically, the 15-day and 20-day moving averages are both showing a bearish arrangement. After breaking below the $90,000 mark yesterday, the recovery has also been less than ideal.

Now for Ethereum. Although the network upgrade is fundamentally positive, its linkage to BTC is too strong. There is obvious resistance above $3,200, and the short-term consolidation range has not been broken, with the rebound lacking sustained momentum.

The key to watch next is whether the core support levels can hold. Without a breakout on increased volume, the probability of continued downward movement in a consolidation pattern is higher.

Strategy Reference:
Consider short positions for BTC in the 89,700–90,200 range, with a target around 88,500.
For ETH, you can also try shorting in the 3,050–3,070 range, targeting the 3,000 level.