BTC operation strategy on December 4
BTC rebounded strongly after receiving the demand of US buying at night, but the 4-hour level did not stand above 96,300. Next, it depends on whether the daily line can close above 96,000. If it closes, we can continue to look at the rebound.
The short-term support at the hourly level below is 95,300. If the rebound does not continue and falls to this level, then this wave of rebound will end and the callback will continue!
Intraday operation suggestions:
Short order: If the hourly level falls below 95,300 next, then go short directly and look at the position of 93,000!
If you want to open a long order, at least wait for the daily line to close above 96,000 before going long, looking at the resistance levels of 97,400 and 98,200.