Zhou Yanling: Latest Trend Prediction Analysis and Trading Strategy for Bitcoin BTC and Ethereum ETH on December 7

The expectation of interest rate cuts is the core support that makes it difficult for cryptocurrency prices to continue declining. CME's "FedWatch" shows that the market's pricing probability for a 25 basis point rate cut in December is approaching 90%, and the low interest rate environment provides underlying support for cryptocurrency prices. Any rebound in current cryptocurrency prices is driven by expectations and is not directly correlated with news. If the rate cut is less than market expectations, prices may fluctuate in the opposite direction after the news is released; only a rate cut exceeding expectations can reverse this expectation gap. From a medium to long-term perspective, once the trend of rate cuts is established, the changes in the dollar's performance over time will gradually push cryptocurrency prices back to a rational range.

Currently, from a technical perspective, Bitcoin's daily chart shows that prices have been fluctuating in the range of 88,000-90,000 recently. Although there has been a slight rebound over the weekend, the overall trend remains in a consolidation phase following a decline. The hourly chart shows a trend of gradually lowering highs, with a relatively balanced short-term bullish and bearish force. The hourly MACD histogram has turned from green to red, with DIF and DEA operating in negative territory, indicating a short-term bearish advantage; the daily MACD remains below the zero axis, and the weak pattern has not changed. The hourly RSI is at 46.78, in a neutral to weak area, with no obvious overbought or oversold signals; the daily RSI has slightly rebounded to 42.84, still not in a strong zone. The hourly EMA7 (89,516.54) has been touched, providing some support; there is significant resistance above EMA30 and EMA120. The daily EMA7, EMA30, and EMA120 are all in a bearish arrangement, indicating significant long-term pressure. In recent operations, Yanling believes it is still advisable to focus on short positions.

Zhou Yanling's Trading Strategy for Bitcoin on December 7:

1. Short at 90,600-89,600, stop loss above 91,600, target 87,500-86,500

2. Long at 85,500-86,500, stop loss below 84,500, target 87,500-88,500

Zhou Yanling's Trading Strategy for Ethereum on December 7:

1. Short at 3,100-3,060, stop loss above 3,150, target 3,000-2,960, continue to look for a decline towards 2,880

2. Long at 2,890-2,940, stop loss below 2,840, target 2,990-3,040

[The above analysis and strategies are for reference only. Please bear the risks yourself. The article's review and publication may have delays, and the strategies may not be timely. Specific operations should follow Yanling's real-time strategies.]

This content is exclusively shared by senior analyst Zhou Yanling (WeChat public account: Zhou Yanling). The author has been engaged in market investment research in the cryptocurrency sector for over ten years, currently mainly analyzing and guiding BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contract/spot operations. The author has a solid theoretical foundation and practical experience, excels in combining technical and news-based operations, emphasizes capital management and risk control, and is recognized by many investment friends for a stable and decisive trading style, along with a friendly and responsible personality.

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