BTC Update on December 2:

- Time Frame D1: BTC on the D frame has not yet escaped the downtrend, the inability to close candles above the 986x area means BTC is still in the range of 93-98 and may extend for a few more days.

- Time Frame D4: Although the candle is currently green, it looks quite bad; it is very likely that from now until morning there will be another drop of BTC down to the 93-94 range. Deeper could be 88-89.

- Time Frame W1: Last week’s candle, although it had a long wick, still closed red, which is quite bad. Therefore, I think this week's candle will test again around last week's bottom at the 90 area with a fluctuation of 3k in price. This means that this week's bottom could be in the range of 93 or 87-88k.

Thus, I prefer to re-enter Long this week at the key areas of 93-94 and DCA additionally at the 88-90 range.

- Time Frame M: I believe this month's candle will still close green after last month’s very strong full-force candle. These days will only be about creating the bottom of the monthly candle. And this will be almost the last opportunity in this upward move for everyone to catch a better entry.

=> My assessment:

- I still believe that BTC this week will have a fairly long wick and will close around the 97k area or higher. Therefore, safety is still to look for Long and DCA when the price is lower.

- The key levels to pay attention to are the ranges of 93-94 and 88-90.

Please refer to this!