December 3rd, Tuesday, early morning BTC and ETH report:
The current market is showing a pattern of wide-ranging fluctuations within a box, with Bitcoin's price between 94,500 and 98,000, while Ethereum is fiercely contested in the range of 3,550 to 3,700. During this phase of volatility, we should proceed with caution in our operations, adopting a short-term strategy to respond, and avoid blindly pursuing perfection. Each wave of ups and downs presents a significant possibility of reversal when approaching resistance and support levels.
From the four-hour chart, the market is displaying an adjustment trend of 'one step back for every step forward,' and the narrowing of the Bollinger Bands is quite severe, indicating that the oscillating market will continue to develop in the short term. Therefore, we should be flexible in our operations and adopt a strategy of selling high and buying low for the most prudent approach.
Recommendations:
Buy Bitcoin in the range of 94,500-95,000 with a target of 97,500-98,000.
Buy Ethereum in the range of 3,550-3,580 with a target of 3,750-3,780.
Every entry is our effort towards achieving our goals!
