December 3 Evening Bitcoin and Ethereum Market Analysis and Trading Suggestions
The current market momentum continues to improve. On the 4-hour chart, the MACD golden cross is accompanied by increasing volume, indicating that the upward momentum is steadily strengthening. Meanwhile, the RSI remains in a strong range between 60-70 and has not entered overbought territory, suggesting that buying interest is solid and there is still room for further upside. In terms of trading volume, the market shows a healthy structure of "increasing volume on the rise, decreasing volume on pullbacks," indicating active inflows from bulls and limited selling pressure during corrections, keeping the overall trend stable.
Looking at key levels, support has gradually moved up to the 92,500-92,800 range, which has now become an important defense line for the bulls, while 91,500-92,000 serves as a stronger support zone. If the price pulls back to around 92,800 and stabilizes, it can be considered a good opportunity to build positions in batches, accumulating for further upside.
For the short-term upside target, pay attention to the 94,000-94,500 area. If it breaks through and holds above this level, the mid-term upside potential could open up further, and the trend may continue to be strong. In terms of strategy, it is recommended to focus on entering long positions on pullbacks, seize the timing within the trend, and be aware that volatility may increase after consecutive rallies. Always maintain risk awareness, set stop-losses, and participate rationally.
Overall, the market remains bullish, with good coordination between volume and price indicators and gradually rising support levels. Under strict risk control, continue to watch for opportunities as the trend develops. In the evening, you can go long on Bitcoin around 92,500 with a target of 94,500; for Ethereum in the evening, you can go long around 3,030 with a target of 3,150.
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December 3 Evening Bitcoin and Ethereum Market Analysis and Trading Suggestions
The current market momentum continues to improve. On the 4-hour chart, the MACD golden cross is accompanied by increasing volume, indicating that the upward momentum is steadily strengthening. Meanwhile, the RSI remains in a strong range between 60-70 and has not entered overbought territory, suggesting that buying interest is solid and there is still room for further upside. In terms of trading volume, the market shows a healthy structure of "increasing volume on the rise, decreasing volume on pullbacks," indicating active inflows from bulls and limited selling pressure during corrections, keeping the overall trend stable.
Looking at key levels, support has gradually moved up to the 92,500-92,800 range, which has now become an important defense line for the bulls, while 91,500-92,000 serves as a stronger support zone. If the price pulls back to around 92,800 and stabilizes, it can be considered a good opportunity to build positions in batches, accumulating for further upside.
For the short-term upside target, pay attention to the 94,000-94,500 area. If it breaks through and holds above this level, the mid-term upside potential could open up further, and the trend may continue to be strong. In terms of strategy, it is recommended to focus on entering long positions on pullbacks, seize the timing within the trend, and be aware that volatility may increase after consecutive rallies. Always maintain risk awareness, set stop-losses, and participate rationally.
Overall, the market remains bullish, with good coordination between volume and price indicators and gradually rising support levels. Under strict risk control, continue to watch for opportunities as the trend develops. In the evening, you can go long on Bitcoin around 92,500 with a target of 94,500; for Ethereum in the evening, you can go long around 3,030 with a target of 3,150.