Big pie 95455 in 94700 out, get 755 points, win 10,000 oil

December 3rd Afternoon Thoughts:

In the early morning, the price of Bitcoin approached around 97400, but failed to stabilize, with significant pressure still evident above. After testing the lower level of 94300, the downward trend did not continue. After the early session opened, the market's volatility was not large, so we can take advantage of this area for high selling and low buying operations. In a fluctuating market, there are specific strategies to follow, and it is essential to avoid blindly following the trend; one must not stubbornly insist on operating. Observing at the 4-hour timeframe, if Bitcoin shows a normal pullback support and then runs upward again, it is currently in a phase of continuously testing the support level of 95000. We can see that the support level is continuously rising; as long as this position is not broken, subsequent trends are expected to continue to rise. At present, its short-term pressure level is mainly concentrated in the range of 96500 - 97500. In the evening trading session, Bitcoin's price tested both upward and downward, but neither move was sustained.

For Ethereum, it is also necessary to pay attention to the support situation around the 3580 - 3550 range, while its short-term pressure can be referenced at the 3650 - 3700 range. During the evening session, Ethereum's price also tested both up and down, with the overall trend still dominated by a fluctuating pattern.

Ethereum saw a wave of corrective gains last night, with the price rising to a maximum of 3684, and then quickly falling back, with overall trend momentum being insufficient, still maintaining operations within the fluctuation range.

Bitcoin trades back and forth in the range of 94800--97200
Ethereum trades back and forth in the range of 3580-3680

#微软比特币投资投票案 #NFT市场回暖 #ETH持续飙升 #ADA、ENA大额解锁 #XRP市值重回第三 $BTC $ETH