#美SEC促进加密资产创新监管框架 December 5th, Friday, what's the outlook for $BTC and $ETH in the early session?

Starting with Bitcoin. On the hourly chart, after a price surge, it's starting to give back gains and shows signs of heading lower, but the momentum is weak and bearish volume is contracting. The moving averages are starting to turn up slightly, so there might be a short-term rebound, but I’m not optimistic about a further upward move. So the upcoming strategy still leans toward shorting at high levels.

Looking at the four-hour chart, after the surge and pullback, the middle band is providing temporary support, but a small rebound quickly faded, opening a downward channel after the squeeze. Bulls are obviously weak, turning more bearish, and the moving averages have turned down. There will be significant volatility in the short term, and it still needs to test lower levels. Short-term moves are choppy with limited release, so continue to trade within the range, focusing mainly on short positions at high levels.

$BTC trading strategy: consider shorting in the 92,500-93,000 range, targeting around 91,000-90,000.

$ETH trading strategy: set up shorts around 3,140-3,180, targeting the 3,100-3,140 area.

The market is highly volatile—manage your position sizes and set stops.