#以太坊行情解读 Market sentiment continues to be sluggish, with the Crypto Assets Fear and Greed Index remaining at 25. This number indicates that investors' mindset is still quite cautious. Compared to yesterday's 20, although there is a slight rebound, the overall situation is still trapped in the "extreme fear" quagmire.

The macroeconomic situation is a bit complex. The new voting committee of the Federal Reserve has taken a hawkish stance for next year, suggesting that interest rates might be frozen until spring, with inflation still being a major concern for them. Don't expect significant rate cuts in January next year; current data shows that the probability of a 25 basis point cut has fallen to 22.1%. Last week, the US spot Bitcoin ETF experienced net outflows for four consecutive trading days, totaling $497 million, reflecting the cautious attitude of institutions, although the net asset value remains at $114.87 billion.

Looking at the technical aspect again. On the four-hour chart, Bitcoin has been oscillating between the middle and upper bands of the Bollinger Bands. Although it has maintained the four-hour lifeline, the trading volume has not followed during the rebound. The daily chart faces dual pressure around 90500 and 89500, and there are no obvious signs of a breakthrough. Short-term indicators reveal a demand for a rebound, but the daily chart still cannot escape the downward trend.

Current position:
**Bitcoin** support is at 87400, 86800, and 85800, while resistance is at 89500 and 90500.
**Ethereum** support levels are around 2945, 2894, and 2850, with resistance levels at 3050 and 3150.

Around Christmas, market volatility usually amplifies, making it easy to see spikes up and down. If there is a rebound, short-term positions should consider taking profits appropriately and not be too greedy. The key is to control risk and not be intimidated by market fluctuations before the holiday.

$BTC $ETH