The idea in the morning was confirmed. Ethereum went straight into the pocket. The market in the morning was too crazy and too exciting. The last thing this market lacks is cannon fodder. Those who do well will make both long and short profits, and those who do not do well will suffer from both long and short losses.

Morning Thoughts on December 4:

Bitcoin rebounded after a dip yesterday, completing a big V reversal. Currently stabilizing upwards, the short-term trend is expected to continue bullish. This is the nature of the current market; consolidation is normal, but as long as the direction is clear, it becomes evident. Continuing the downward trend in the evening, after hitting the lowest point around 93620, bulls formed a rebound, moving back and forth, with a peak recovery above 96000 in the early hours. After the price experienced a dip last night, bulls quickly provided recovery space, and now, after warming up, it is again in a fluctuating pattern. Recent rebounds have all come with corrections or dips. Correction is a process of accumulating energy, and after effectively building a new support platform, a new upward movement can be initiated. All current consolidation actions are moving horizontally within a predetermined range, using the method of exchanging time for space to accumulate the demand for upward movement. Moving forward, it is suggested to maintain a bullish stance during pullbacks for short-term positioning!

Bitcoin can be bought in the range of 95300-94800, targeting around 97500;
Ethereum can be bought in the range of 3580-3550, targeting around 3750.

#Layer1公链普涨 #RWA板块普涨 #下一个换谁涨？ #微策略持续增持BTC #每日瓜分1BNB $BTC $ETH