#数字货币市场洞察 BTC and ETH Trend Review in the Early Hours of December 4
Yesterday afternoon, the market rebounded as expected. $BTC surged close to 94,000 before pulling back and consolidating below 93,000. After the US stock market opened in the evening, volatility increased sharply, with a brief dip to 92,000 followed by a quick rebound. Those who followed the afternoon rebound strategy should have already locked in profits.
From the four-hour chart, consecutive bullish candles broke through the upper Bollinger Band, followed by a pullback. The long upper shadow indicates significant resistance above. Technically, a bearish divergence combined with a KDJ death cross signal suggests a possible further dip in the early hours. On the hourly chart, bearish candles engulfed the bullish ones, and selling volume increased, but narrowing Bollinger Bands are limiting the downside. In the short term, the strategy favors light short positions, but if the rebound continues in the early hours, consider building long positions at lower levels.
Specific reference points: $BTC can try short positions near 93,500, targeting the 92,200 area $ETH can set up short positions near 3,150, targeting around 3,100
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SwapWhisperer
· 13h ago
I've already set up a short position at 93500, now let's see if it can break 92200 by early morning... The narrowing of the Bollinger Bands is indeed a bit annoying, feels like it could reverse at any moment.
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MultiSigFailMaster
· 18h ago
Short at 93500. If it breaks 92200, I really didn't expect it. This move is a bit rushed.
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Rugpull幸存者
· 18h ago
94,000 surged up and then came back down. I'm all too familiar with this trick. As soon as the US stock market opens, everything goes haywire.
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OnchainUndercover
· 18h ago
The resistance above 93,000 is so obvious, I think I'll wait a bit longer.
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Catching this rebound was really satisfying, but that dip around midnight made me a bit nervous.
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The Bollinger Bands have narrowed, so the downside is indeed limited. Feels like there’s not much room to operate.
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Short position at 93,500 with a target of 92,200. Honestly, I doubt it’ll get there.
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ETH is also dropping this round, but Bitcoin dominance is still too strong.
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TokenCreatorOP
· 18h ago
Quite a few people did catch that 93,000 rebound yesterday, but I still think this bearish divergence looks a bit risky. The overnight trend will depend on how the US stock market performs.
#数字货币市场洞察 BTC and ETH Trend Review in the Early Hours of December 4
Yesterday afternoon, the market rebounded as expected. $BTC surged close to 94,000 before pulling back and consolidating below 93,000. After the US stock market opened in the evening, volatility increased sharply, with a brief dip to 92,000 followed by a quick rebound. Those who followed the afternoon rebound strategy should have already locked in profits.
From the four-hour chart, consecutive bullish candles broke through the upper Bollinger Band, followed by a pullback. The long upper shadow indicates significant resistance above. Technically, a bearish divergence combined with a KDJ death cross signal suggests a possible further dip in the early hours. On the hourly chart, bearish candles engulfed the bullish ones, and selling volume increased, but narrowing Bollinger Bands are limiting the downside. In the short term, the strategy favors light short positions, but if the rebound continues in the early hours, consider building long positions at lower levels.
Specific reference points:
$BTC can try short positions near 93,500, targeting the 92,200 area
$ETH can set up short positions near 3,150, targeting around 3,100