Morning Thoughts on 12/2:

Looking back at last week, the overall trend of Bitcoin has been upward. A new month is upon us, and it is the first week of December. First, I wish everyone abundant wealth, a prosperous year-end, and a joyful return home. Now, let's get to the main topic.

From the 4-hour chart, the market has been in a range-bound state for nearly half a month, with the maximum pullback near the 90800 line rebounding. The upper level to watch is around 98300, and the lower level is around 96000. So, this morning we will first see if a pullback can effectively support this level, and then look up to 98300.

Emperor Star Suggestion:

Bitcoin Pullback: around 96000-96500, then look up to 98300.

Altcoin Pullback: around 3650-3680, continue to look up to 3800.