December 3rd, Tuesday's Bitcoin and Ethereum latest trading strategy:
From the current market perspective, the daily structure shows that Bitcoin has made a strong downward correction with a large bearish candle, but the evening market quickly reversed and steadily climbed, currently facing key resistance at 97,000.
One can only say that the market manipulation is exquisite, as after a moderate pullback in the afternoon, it is also building momentum for bullish strength. By the evening, the bulls successfully regained almost all lost ground, and the bullish trend on the daily chart remains clear, with the larger cycle maintaining a strong pattern.
From the 4-hour chart, a strong bullish candle has successfully broken through the middle track, pushing the price above it. Moving forward, it is essential to focus on the resistance at 98,266 above and the support at 94,826 below. In terms of operations, one can continue to adopt a low-buy strategy for layout.
Bitcoin trading strategy:
Resistance at 96,000-95,500, targeting 98,000-98,500
Ethereum trading strategy:
Resistance at 3,620-3,600, targeting 3,700-3,750
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