December 2nd Midday Market Analysis
BTC Market
- Morning closing at $97,265, then retraced to around $97,150, briefly rebounded to $98,250 before falling back again, currently fluctuating around $97,400.
ETH Market
- Morning closing at $3,710, retraced to around $3,695, then rebounded to $3,766, currently fluctuating around $3,735.
Technical Analysis
Four-Hour Structure
- BTC: Bullish trend is evident, key resistance level above is around $98,000, support below is at $96,800, with stronger support around $96,300.
One-Hour Structure
- BTC: Short-term bullish trend continues, support below remains at $96,800.
Midday Operation Suggestions
1. BTC: It is recommended to place long positions in the $96,800-$96,500 range, targeting $97,800-$98,100.
2. ETH: It is recommended to place long positions in the $3,700-$3,680 range, targeting $3,750-$3,770.
Focus on stable operations, paying attention to breakthroughs and defensive situations at key price levels.