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Market observation at the beginning of December: Interpretation of the trends of #数字货币市场回升 and $BTC



Recently, although Bitcoin has been slowly climbing, the overall atmosphere remains quite conservative. Many people, after experiencing the previous sharp drop, want to secure profits as soon as they see any gains, which is also why the rebound strength has always struggled to rise.

However, from a technical perspective, the position of 90,000 dollars has already stabilized well. The short-term upward channel remains intact, and the bottom support is continuously rising—these are all good signs. It's important to note that the market has just emerged from extreme panic, and the demand for recovery is actually very strong. The resistance level at 93,000 is worth paying close attention to; as long as 90,000 holds, the logic for an upward trend remains.

As for the specific operation, my idea is:

Bitcoin can find opportunities to open long positions in the range of 90000-90700, with the stop-loss line set at 89500, and the target looking at around 92800 to 94000.

For Ethereum, 2970-2980 is a good entry point, with a stop loss set below 2940 and a target range of 3080-3170.

Of course, this is just a personal opinion. The market changes rapidly, and everyone should adjust flexibly based on the actual situation.
BTC1.34%
ETH-0.28%
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AirdropChaservip
· 11-30 23:40
90,000 is fine as long as it stays stable. Anyway, I've been numb after so many falls, it's just this wave of market.
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NFTArtisanHQvip
· 11-30 23:34
the real paradigm shift isn't 90k support holding—it's whether this market even deserves recovery after such naked panic selling. feels like watching digital value proposition collapse into pure technicals...
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ZenChainWalkervip
· 11-30 23:31
Oh, here we go again with the same old story. Every time there's a Rebound, everyone becomes bullish. Why do I feel like this time it's still the suckers catching a falling knife?
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WhaleWatchervip
· 11-30 23:30
It seems like they are talking about the same old tricks again, whether 90,000 will break or not... to be honest, every time they talk about support levels like this, it ends up breaking down within a day or two, I’m so tired of it. I totally understand the mindset of taking a bit of profit and running, who the hell dares to hold on stubbornly? The entry point for ETH is indeed okay, but the stop loss at 2940 is a bit tight, it feels like it can easily get played people for suckers.
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