Thoughts in the morning of December 5:
The daily K-line is as high as 99,000 and as low as 94,600. Before the release of the article, it can be seen that the daily K-line is effective in stepping back to the support point of the EMA15 trend indicator. Just like last week, it has stepped back to EMA15 continuously and this time will be no exception. MACD has shrunk and increased, and the top divergence trend continues. DIF and DEA are spreading downward from high levels. The Bollinger Bands are still shrinking, and the upper rail pressure level has fallen to 100,500. The K-line is above the middle rail 94,850. KDJ spreads upward, and the bullish trend remains unchanged. The daily line of the big cake shows a double cross star closing trend. Yesterday, it fell to the support level near 94,500 and stabilized and rebounded. The overall situation during the day was a wide range of fluctuations. The trend was completely in line with expectations. The daily level still fluctuated around the high range. Ethereum daily line harvested a strong medium-yang column, successfully broke through the recent high, and successfully stood on the 3800 mark. At the end of the day, it first rushed up and then stepped back, and then quickly rebounded and pulled up. There are signs of stabilization at the 3800 mark. The trend of Ethereum and Bitcoin is similar during the day. It continues to fluctuate and hover, and the short-term trend is circuitous. In the evening, it took advantage of the bottoming out and stabilized below, and pulled up with a single positive line. The range was able to move up again, and it also entered the high-level shock correction stage. However, the closing high at the end of the day may often lead to a retracement or shock on the second day. The market outlook is likely to present a wash pattern of long and short back and forth. From the 4-hour chart, it is basically pulled repeatedly within the range. Because of its large fluctuation base, the range is also quite considerable. Correspondingly, the rhythm may slow down, and Bitcoin will be difficult to get out of the unilateral market in the short term. In terms of operation, you can seize the opportunity of high-altitude and low-multiple in the range; Ethereum has been strong recently, and it is safer to enter the market at a low level. It is expected to continue to attack the 4000 mark in the future. As for other specific operation points, you can further plan them in combination with the current situation before the market opens.
Big cake 96400-96700 more, up to 98500-98800
Second cake 3780-3800 more, up to 3880-3900
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