BTC/ETH Market Analysis for Early Morning of December 4

Yesterday afternoon, the coin price continued its rebound as expected, approaching the 94,000 mark before pulling back to consolidate below 93,000. After the US stock market opened in the evening, there was a wide tug-of-war between bulls and bears. After testing 92,000, the price quickly rebounded, and the afternoon rebound strategy worked out precisely. On the four-hour chart, the price broke through the upper band with consecutive bullish candles and then pulled back. The long upper shadow indicates resistance to further upside, and the bearish divergence plus KDJ death cross suggest a further dip is likely in the early morning. On the hourly chart, bearish engulfing candles and increased bearish volume are seen, but the narrowing Bollinger Bands limit downside space. In the short term, focus on short positions, but a continuation of the rebound is expected in the early morning, so consider laying out long positions.

Trading suggestions: Short BTC near 93,500, target around 92,200

Short ETH near 3,150, target around 3,100 #成长值抽奖赢iPhone17和周边 #广场发帖领$50