US Federal Reserve rate decision on December 18
Announced on December 19 at 03:00
Trading recommendations for BTC and ETH
BTC surged and then pulled back, with recent support around 103500 points.
ETH support is around 3800, serving as the first support.
If the 3800 point is broken, the next level is at 3700, with an extreme position around 3550 points.
The announcement tonight may bring a wave of market movement.
Order points for ETH
Buy near 3750, set stop loss at 3700 for short-term recommendations.
For long-term, buy near 3550, set stop loss at 3500 points.
In the morning, if ETH rebounds and cannot pass 3920, you can open a short position, set stop loss at 3950.
BTC is in a slightly downward oscillation space, while ETH is not very eager to fall.
However, for the news-driven orders, ensure proper risk management.