#数字货币市场洞察 December 5 BTC/ETH Short Strategy Exceeds Expectations, Technical Support Rebound Followed by Continued Bearish Outlook

Short positions set up in the afternoon session at the 92,100 and 3,170 price levels performed exceptionally well. Bitcoin dropped all the way to the 89,800 area, and Ethereum touched near 3,080, capturing a downward move of 2,300 points and 90 points respectively. Position holders seized this wave perfectly.

Although there was a rebound triggered by news at current prices, the overall trend structure has already been broken. The 4-hour and daily MA moving averages are showing significant resistance, with multiple moving averages starting to turn downward, indicating further room for correction still exists. It is advisable to consider following the trend and setting up short positions in the evening session.

Strategy reference: Look for BTC short entry opportunities in the 91,000-91,500 range, with support at 89,000 below; for ETH, establish short positions around 3,140-3,150, targeting the 3,060 area.

December market continues to be volatile, and technical indicators and price movements are worth close monitoring.