Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis (December 10th) - With the Fed Meeting Approaching

Bitcoin's current price is fluctuating narrowly between the middle and upper Bollinger Bands. The narrowing Bollinger Bands indicate an unclear short-term direction. The DIF and DEA lines have formed a golden cross above the zero line, but the red bars are shortening, suggesting weakening bullish momentum and potential top divergence. The daily RSI is neutral to slightly bullish, not yet in overbought territory, indicating further upside potential. Ethereum's price is trading along the upper Bollinger Band, showing a slightly bullish short-term trend, but the candlestick bodies are gradually shrinking, indicating weakening bullish momentum. The DIF and DEA lines continue to diverge above the zero line, with the red bars expanding, suggesting a potential top divergence. The price action is currently dominated by the head and shoulders pattern, but the slope of the fast and slow lines is slowing down, so be wary of potential stalling at high levels. Bitcoin is in a key resistance zone on the 4-hour chart, and its short-term direction depends on the outcome of the Fed meeting. During the daytime session, it is recommended to enter long positions on pullbacks with light positions. Specifically, for Bitcoin, consider entering long positions around 91500-92000, with a target of 94000-95000. For Ethereum, consider entering long positions around 3240-3280, with a target of 3350-3400. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.