On the first day of December #数字货币市场回升 , let's talk about the current market data.

From the daily structure, it is still moving within the downward channel. After this short-term rebound, there is a clear feeling of insufficient momentum—once the price hits the middle line of the Bollinger Bands, it just can't go up, and after several attempts, it has not successfully broken through, with momentum basically exhausted. In this kind of trend, the approach is simple: look for opportunities to short at highs.

In terms of specific levels, Bitcoin is focusing on the 88000-89000 range. If it moves near this area, consider placing a short position, with support at 86600-86000; for Ethereum, watch the 2900-2930 range, targeting downward to 2800-2770. $BTC $ETH