Midday Market Analysis for Tuesday, 12.9.

BTC daily chart shows that after significant price volatility recently, the price is currently in a high-level consolidation phase. On the 8th, a long upper shadow was formed, indicating heavy selling pressure above. The hourly chart shows a short-term pullback trend, with highs gradually decreasing and lows also lowering, indicating an overall weak trend. Daily trading volume has shrunk significantly—only 378 on the 9th—compared to the high trading volumes of previous days, indicating a decrease in market activity. Hourly trading volume remains sluggish, reflecting strong wait-and-see sentiment and a lack of clear direction.

For ETH, the daily chart shows a candlestick with a long upper shadow on the 8th, with the high at 3179.99 failing to break the previous high of 3192.72, indicating strong resistance above. The candlestick on the 9th is a small bearish candle, with the price falling back to 3114.67, suggesting a need for short-term adjustment. Hourly volatility has been high recently, with multiple surges and pullbacks in the 3128.65 to 3144.89 range, indicating clear selling pressure in this area. The daily EMA is in a bullish alignment, but EMA7 has started to flatten, suggesting possible adjustments. Daily trading volume spiked on the 8th and then shrank on the 9th, indicating increased wait-and-see sentiment. Hourly trading volume increased in the 3128.65 to 3144.89 range, reflecting active trading and intensifying long-short divergence.

BTC Trading Recommendation: Short at 91000-91500, take profit at 89800-88000, stop loss at 92500.

ETH Trading Recommendation: Short at 3130-3170, take profit at 3080-3020, stop loss at 3220.