The four-hour level shows a clear one-sided downward trend, with short-term rebound volume continuously shrinking and low willingness for bulls to enter. This rebound is a technical adjustment in a bearish trend and not a trend reversal signal. It is necessary to maintain a bearish logic and not misjudge the short-term rebound as a reversal.
Trading suggestion: Short BTC around 87300-87800, with a target of around 86000-85500. Short ETH around 2820-2850, target around 2760-2720 #成长值抽奖赢iPhone17和周边
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December 2 BTC/ETH midday market analysis
The four-hour level shows a clear one-sided downward trend, with short-term rebound volume continuously shrinking and low willingness for bulls to enter. This rebound is a technical adjustment in a bearish trend and not a trend reversal signal. It is necessary to maintain a bearish logic and not misjudge the short-term rebound as a reversal.
Trading suggestion: Short BTC around 87300-87800, with a target of around 86000-85500.
Short ETH around 2820-2850, target around 2760-2720 #成长值抽奖赢iPhone17和周边