Insight on Bitcoin and Ethereum Market on Monday, December 2nd
The overall market maintains a bullish trend, with consecutive daily gains showing strong bullish momentum. The four-hour chart indicates a strong rebound of the K-line above the middle band after adjustment.
The support level is strong, and the Bollinger Bands are tightening, showing no sign of reversal; the small cycle is experiencing a tug-of-war, but the bulls are dominant.
It is recommended to buy Bitcoin at 96000-95500, with a target of 99000.
It is recommended to buy Ethereum at 3650-3680, with a target near 3800. $BTC $ETH