Market Sentiment:

Chart Analysis:

Bitcoin (BTC):

The structure of BTC on the 1-hour chart shows a simple trend, breaking through the upward channel and then declining without much momentum. This is likely to form a new 1-hour consolidation zone. Consider trying near the lower boundary of the consolidation zone, and if it breaks through, exit. Currently, the market volatility is decreasing without incremental funds. Let's see if the Fed will cut interest rates next year to increase liquidity.

The structure of BTC on the 15-minute chart also shows consolidation within the consolidation zone, without any clear direction. If it moves downward, it may continue to decline. If it moves sideways, the market is really being ignored. There is little volatility and participation, just oscillation.

Ethereum (ETH):

The structure of ETH on the 1-hour chart shows a clearer trend. It has reached the first support level. If it can hold this position, it may continue to move upward. Otherwise, it will continue to search for support. Overall, ETH is weaker than BTC, so it's better to observe more and act less.

Trading Strategy:

Exercise caution in investment. This article is not intended as a basis for trading.

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