December 2nd midday Bitcoin Ethereum market analysis and trading strategy

Bitcoin fell back yesterday and touched the low point of 83792 before stabilizing and starting to rebound. The current price has returned to around 86900 and is fluctuating. The 4-hour chart previously reached a high and then fell back to a lower close. At the beginning of the week, it continued the downward trend, breaking below the support low point of the 90,000 level platform, and has shifted to a weak downward trend. Yesterday's rebound was constrained at the midline, and the closing price maintained weak consolidation below this level, with no significant volume for a long time, instead consolidating before declining further. Currently, the 4-hour chart is still in a continuation of the weak downward trend. Yesterday's high point serves as today's short-term bearish critical point, with further downward movement expected based on the midline.

Ethereum also saw an increase in short positions yesterday, with a midnight spike touching the low point of 2718 before the price began to rebound, currently oscillating back around 2800. The 4-hour chart is temporarily in a structurally neutral position, choosing a direction. There is support around the low point near 2620 and resistance at the mid-range near three thousand. It remains to be confirmed whether the short term will see a downward dip followed by an upward build-up or a rebound followed by a downward break. Waiting for a breakout from the range. The 1-hour chart broke through a small range yesterday, which is yesterday's range, and after breaking the lower boundary, there is a short-term downward trend, but continuity is a concern, with key support below and resistance above in contention. In the morning, treat short-term trading with an oscillation strategy, continuing to participate around the high for shorts and low for longs.

Bitcoin: Short at 87000-88000, target around 86000

Ethereum: Short at 2800-2850, target around 2750 #反弹币种推荐 #今日你看涨还是看跌？ $BTC $ETH