$BTC $ETH Midday Analysis: Released at 13:18 on December 4

Yesterday, we gave long orders for 3060 and SUI, achieving over 150 points overall and up to 7x on altcoins at the highest. Although there was a slight chop on ETH beforehand, overall we made good profits. Congratulations to the followers who kept up! I suggest everyone study Rui Ge’s trading mindset. I’ll be writing course materials from time to time as a benefit for everyone. If you like the streamer, hit follow and observe for a while to see if it’s worth subscribing. Thank you all for your support!

First, let’s look at BTC. Briefly, if bulls dominate on the weekly chart this week and we close above 94,500 next week, then the larger cycle will likely start a mainly upward consolidation. BTC’s daily candle closed at 93,383 this morning. It had reached the edge of a cliff but was pulled back. For the next daily candles, focus on resistance at 95,800 above, and support at the 90,000 level below. BTC has shown a bottom-fishing pattern; be cautious of a second retest on the 4H, as the price has risen too much and the market needs to cool off. In the next 1-2 days, watch the 94,657-97,537 resistance zone above and 91,808-88,406 support zone below. Expect a pullback today. Suggested trades: go short around 93,500, stop loss at 2x. Go long around 90,600, stop loss at 2x.

Next, ETH is expected to close above 3,100 next week as long as it holds above 3,000. No matter how much it chops on the hourly, it’s time to move upward, especially with this month’s rate cut, balance sheet reduction, and ETH upgrade—all bullish for the bulls. The daily closed at 3,186 this morning, overall stronger than BTC. Focus on resistance at 3,280 above and support at 3,030 below on the daily. For the next 1-2 days on 4H, watch 3,244-3,368 for resistance and 3,108-2,961 for support. Today, expect a pullback in sync with BTC. Suggested trades: go short around 3,220, stop loss at 2x. Go long around 3,036, stop loss around 2,980. Personal opinions for reference only. Use small positions and compound returns. Good luck to everyone! #十二月行情展望 #加密市场回暖 #参与创作者认证计划月领$10,000 #今日你看涨还是看跌？