In recent trends, Bitcoin has been continuously pushing towards the $100,000 mark, with various cryptocurrencies attempting to create new highs. However, while Bitcoin struggles to break through the $100,000 mark, its performance has also begun to show signs of fatigue. Perhaps before surpassing $100,000, there may be a short-term pullback to induce market shorting demand.
In this issue, it is recommended to focus on Bitcoin above $97,000 at the beginning of December, looking for short-term selling pressure around the $97,000 line. If the price does not break through $98,000 in the next couple of days, it is possible that the price will initiate a small pullback targeting $95,000-$94,000 next week.
As for Ethereum, you can also pay attention to the highs above $3,700, and without breaking $3,800, you can consider the pullback demand down to the $3,600-$3,500 range.