Morning BTC and ETH Update on 12/4:

The current market for Bitcoin remains in a sideways trend, but the upward highs are gradually decreasing, indicating a weakening momentum in the short term. However, after each pullback, there is still a rebound of over a thousand points, indicating fierce competition in the market, and the possibility of a breakout in the short term is low.

From the four-hour chart, the price is fluctuating within a certain range without significant changes. Therefore, we can continue to adopt a buy low, sell high strategy within the range.

Recommendations

Buy Bitcoin in the range of 94500-95000, target 96500-97000

Buy Ethereum in the range of 3600-3620, target 3700-3720

After reaching the target price, consider taking a reverse position.

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