#比特币行情观察 The market's main focus recently remains on the Federal Reserve's actions. US President Trump plans to announce a candidate to replace Powell as Fed Chair early next year. White House economic advisor Hassett, a popular dovish candidate, could further amplify expectations of looser policy if appointed, which would be a long-term positive for crypto prices. However, in the short term, international geopolitical tensions and some key speeches have made the market more cautious, so crypto prices have seen consecutive corrections, both in speed and magnitude. Therefore, don't overemphasize the continuity of bullish or bearish trends at current price levels. The market is likely to experience wide-ranging shakeouts and volatility, and effective trading adjustments at key price points are necessary.

From a technical perspective, Bitcoin has formed consecutive bullish candles on the daily chart, showing a strong uptrend in the short term. On the hourly chart, from 09:00 to 12:00 on December 3, the candlesticks indicated high-level consolidation, with bullish momentum weakening in the short run. On the hourly MACD, the indicator is above the zero line, but bullish momentum bars are shrinking, suggesting a weakening uptrend; on the daily chart, the MACD golden cross is still pointed upward, indicating some remaining upward momentum.
The hourly RSI hovers around 72, close to the overbought zone, but no clear correction signal has appeared; the daily RSI continues to rise, maintaining a strong stance. The hourly EMA7, EMA30, and EMA120 are in a bullish arrangement, providing strong support; the daily EMA also shows a bullish formation. The medium- to long-term trend is biased toward bullishness, but there is a need to be alert for potential pullback and shakeout risks.