On the 4-hour chart, after previously breaking above the upper boundary of the triangle range, the price has shown a series of bullish candles probing higher. As mentioned before, after breaking out of this range, it is highly likely to first test the upper boundary area, but this is only a short-term probe and the sustainability remains in question. The current market is not in a continuous unilateral uptrend, but rather in a choppy pattern with higher probes, and the short-term structure lacks momentum for further breakthroughs.
Currently, the 4-hour chart remains in an ascending channel, and the short-term choppy upward rhythm has not changed. The trendline support is near the 89,000 level, which is a key threshold for the short-term uptrend. Overall, the market has entered a divergence phase: the short-term charts maintain an upward bias, while the weekly chart still tends toward a correction. For intraday short-term trading, it is recommended to adopt a range-trading mindset and flexibly seize opportunities within the range.
BTC trading suggestion: Buy on pullbacks near 90,000-89,200, target 91,500-93,000.
ETH trading suggestion: Buy on pullbacks near 3,080-3,020, target 3,170-3,300. #十二月行情展望 #广场发帖领$50
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December 5 BTC & ETH Outlook and Market Strategy
On the 4-hour chart, after previously breaking above the upper boundary of the triangle range, the price has shown a series of bullish candles probing higher. As mentioned before, after breaking out of this range, it is highly likely to first test the upper boundary area, but this is only a short-term probe and the sustainability remains in question. The current market is not in a continuous unilateral uptrend, but rather in a choppy pattern with higher probes, and the short-term structure lacks momentum for further breakthroughs.
Currently, the 4-hour chart remains in an ascending channel, and the short-term choppy upward rhythm has not changed. The trendline support is near the 89,000 level, which is a key threshold for the short-term uptrend. Overall, the market has entered a divergence phase: the short-term charts maintain an upward bias, while the weekly chart still tends toward a correction. For intraday short-term trading, it is recommended to adopt a range-trading mindset and flexibly seize opportunities within the range.
BTC trading suggestion: Buy on pullbacks near 90,000-89,200, target 91,500-93,000.
ETH trading suggestion: Buy on pullbacks near 3,080-3,020, target 3,170-3,300. #十二月行情展望 #广场发帖领$50