#美联储重启降息步伐 This morning's market movement was quite interesting. After rebounding from the 90954 level, Bitcoin immediately entered a unilateral rally mode, reaching a midday high near 93932. Ethereum also followed suit, rebounding from a morning low of 2983 and climbing to a midday high of 3083. Following a long strategy, intraday long positions performed quite well—Bitcoin captured a profit range of 3400 points and Ethereum secured a gain of 135 points.
Looking at the market structure, Bitcoin's daily chart clearly shows an upward shift in focus. After that previous bearish candle stabilized at the bottom, the price successfully stood above the middle Bollinger Band, and the key support level held firmly. Signs of a strengthening trend are quite evident. In terms of technical indicators, there is indeed some short-term overbought pressure, so a minor pullback and consolidation may occur, but the overall upward framework remains intact, and the bullish pattern persists.
The four-hour chart is even more straightforward—continuous bullish candles with full bodies, and currently, there are no signs of a bearish reversal. At times like this, the trading strategy should still be biased toward the long side; pullbacks are opportunities, so focus on whether previous breakout levels can hold. Of course, keep stop-losses in place and avoid chasing the highs.
Specific levels to watch: For Bitcoin, consider going long in the 92000-92500 range, targeting around 94000 For Ethereum, watch the 3000-3030 support area, targeting 3150
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GasFeeNightmare
· 12-05 05:45
Another sleepless early morning. I was calculating gas fees when Bitcoin started pumping, and now I regret it so much.
Seriously, making 3,400 points a day and still stressing over miner tips—how much more can I fuss over things?
Ethereum held its ground at 3,083. Compared to the gas wars, this market move feels unbelievably gentle.
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GasFeeAssassin
· 12-03 23:47
Whenever the Fed makes a move, the crypto world gets restless. This wave of volatility is pretty intense.
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TokenomicsShaman
· 12-03 09:30
It feels like this round of Fed rate cuts is really powerful; the crypto market is taking off directly.
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Fren_Not_Food
· 12-03 09:30
Alright, the Fed's recent moves have indeed provided some ammunition.
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PessimisticOracle
· 12-03 09:30
It's another Fed rate cut boom, and the crypto world is dancing along.
View OriginalReply0
MerkleTreeHugger
· 12-03 09:20
The Fed really gave an opportunity this time; BTC and ETH took off directly today. Feels great.
#美联储重启降息步伐 This morning's market movement was quite interesting. After rebounding from the 90954 level, Bitcoin immediately entered a unilateral rally mode, reaching a midday high near 93932. Ethereum also followed suit, rebounding from a morning low of 2983 and climbing to a midday high of 3083. Following a long strategy, intraday long positions performed quite well—Bitcoin captured a profit range of 3400 points and Ethereum secured a gain of 135 points.
Looking at the market structure, Bitcoin's daily chart clearly shows an upward shift in focus. After that previous bearish candle stabilized at the bottom, the price successfully stood above the middle Bollinger Band, and the key support level held firmly. Signs of a strengthening trend are quite evident. In terms of technical indicators, there is indeed some short-term overbought pressure, so a minor pullback and consolidation may occur, but the overall upward framework remains intact, and the bullish pattern persists.
The four-hour chart is even more straightforward—continuous bullish candles with full bodies, and currently, there are no signs of a bearish reversal. At times like this, the trading strategy should still be biased toward the long side; pullbacks are opportunities, so focus on whether previous breakout levels can hold. Of course, keep stop-losses in place and avoid chasing the highs.
Specific levels to watch:
For Bitcoin, consider going long in the 92000-92500 range, targeting around 94000
For Ethereum, watch the 3000-3030 support area, targeting 3150
$BTC $ETH $BNB