Bitcoin and Ethereum Operation Recommendations and Direction Sharing for Midnight, December 3



From the previous structure, the 4-hour level shows that the price is currently in a sustained pullback phase with two consecutive bullish candles. The Bollinger Bands have not changed, and the pullback trend remains to be confirmed as a reversal. The KDJ indicator is above 80, suggesting that the short-term bullish trend may have peaked, increasing the possibility of a confirmed pullback. On the 1-hour chart, the Bollinger Bands are showing signs of contraction with all three bands moving sideways, and the middle band shows a slight downward trend. According to the MACD indicator, both DIF and DEA lines are above the zero axis, with red momentum bars continuing to increase, and DIF crossing below DEA above the zero axis, indicating a possible short-term correction. Overall, signs of a pullback are present, which aligns with our previous analysis that there is a possibility of a reversal after testing and breaking below the 92,000 line. Therefore, the midnight operation suggestion remains to focus on shorting if the price falls below the 92,000 level.

Bitcoin: Short around 92,000-92,500, watch 90,000
Ethereum: Short around 3,070-3,100, watch 3,000 #BTC #ETH
ETH-3.02%
BTC-1.81%
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