Bitcoin continues to fluctuate and probe lower on the daily chart, but it is now approaching a key support area. The four-hour chart shows clear signs of oversold conditions, indicating a short-term need for technical correction. As for Ethereum, the $3,000 level is showing strong support, and rebound momentum is building.
Range trading strategy reference: $BTC consider long positions in the 88,500-89,000 area, targeting the 90,500-91,400 resistance zone $ETH suggest building positions in batches around the 2,970-3,000 support area, targeting the 3,070-3,110 resistance level
Be sure to manage stop-losses properly, as market volatility could intensify at any time.
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StableBoi
· 8h ago
Can that key support at 88500 really hold? Feels like it's about to break down again.
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governance_ghost
· 8h ago
Can the area around 88500 really hold? Feels like it might break further.
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PumpDetector
· 8h ago
ngl this smells like capitulation setup... whale accumulation vibes hitting different rn
Reply0
RugResistant
· 8h ago
Can you really catch the bottom at 88500? I'm a bit skeptical.
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ProtocolRebel
· 8h ago
Can 88500 really hold? I doubt it.
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Technical correction again, support level again—sounds nice.
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ETH at the 3000 mark, I'll bet five bucks it'll get smashed.
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Fed rate cut? Why does it feel like crypto is still dropping?
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Stop-loss management my ass, mindset management is the real king.
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Every time they say it's approaching support, how come it never bounces?
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Can this round please not be another bull trap? I'm numb.
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BTC 91400? Keep dreaming, bro.
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Looks good, but I don't trust any predictions anymore.
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The support zone has been broken countless times, and you still call it support.
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Momentum for a rebound accumulating? It's been accumulating for three months.
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HappyMinerUncle
· 8h ago
88500 bottom-fishing rush, is this really the last chance to get on board?
#美联储重启降息步伐 December 6 Morning Market Observation: $BTC and $ETH Trend Analysis
Bitcoin continues to fluctuate and probe lower on the daily chart, but it is now approaching a key support area. The four-hour chart shows clear signs of oversold conditions, indicating a short-term need for technical correction. As for Ethereum, the $3,000 level is showing strong support, and rebound momentum is building.
Range trading strategy reference:
$BTC consider long positions in the 88,500-89,000 area, targeting the 90,500-91,400 resistance zone
$ETH suggest building positions in batches around the 2,970-3,000 support area, targeting the 3,070-3,110 resistance level
Be sure to manage stop-losses properly, as market volatility could intensify at any time.