#美联储回购协议计划 【Market Observation】Mid-December Market Rhythm

After the Christmas holiday, the market follows a common pattern—post-holiday often marks the beginning of a rally. Coupled with the increasing expectation of a rate cut by the Federal Reserve next year, along with geopolitical tensions and economic uncertainties, investors tend to prefer holding cash, which implicitly labels the asset as a "holding yield."

From the monthly and weekly charts, the price is currently just around support levels, consolidating sideways. Any positive news or slight movements could push the price upward, so everyone should stay alert before and after the New Year.

**$BTC Trend**

Bitcoin has been trending upward since the 19th and is currently within that large consolidation box. The hourly chart has formed a short-term uptrend, with the latest candle being bullish, approaching previous resistance levels.

On the hourly MACD, the red bars are expanding, indicating bullish momentum is building, but the indicator is already at a high level, so beware of potential bearish divergence risks. RSI is near 68, approaching overbought territory, which may lead to short-term consolidation; the daily RSI remains neutral to slightly bullish. The EMA7/30/120 are aligned in a bullish order, with the price running above the moving averages. Support is around 87,800, and the key resistance to watch is whether 90,600 can be truly broken.

Strategy: Long positions in the 87,900-88,900 range, targeting 89,900-90,400.

**$ETH Trend**

Long position idea: Enter in the 2900-2940 range, with targets at 3020-3060.

Continue to monitor the Federal Reserve policy direction and macro sentiment shifts.