#美联储恢复降息进程 On the first day of December, let's talk about the morning market outlook.
From the daily chart structure, the trend is still fluctuating within a descending channel. Although there has been a short-term rebound, it started to weaken when it approached the middle band of the Bollinger Bands, and several attempts to break through have failed, showing clear signs of insufficient upward momentum. In this context, the approach leans towards looking for short opportunities at higher levels, which seems more stable.
$BTC can focus on the range of 88000-89000, if it rebounds appropriately, the target is 86600-86000. Pay attention to the resistance near 2900-2930, with support below around 2800-2770.
The overall judgment is that the rebound strength is insufficient, and there is still room for a pullback in the future.
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PessimisticOracle
· 12-01 15:37
The middle band of the Bollinger Bands cannot be broken, this rebound is really weak
It's another shorting at a high, I just want to ask when can we see a real upward attack
BTC is swinging back and forth, luckily I didn't chase the price
There's still plenty of space, the rebound just gets crushed, it's a cycle
The 2930 resistance of ETH is really tough, it gets pushed down every time
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LiquidityWitch
· 12-01 10:25
The middle band of Bollinger Bands is about to choke again, this rebound is just to send people to their deaths.
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88000 has been tried several times but has backed down, short positions are really a bit fierce.
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The lack of strength in this rebound feels like it's repeating every day.
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The barrier at 2900-2930 is indeed hard to break, let's keep observing.
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Swinging in the downward channel, it feels like it still needs to fall.
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It's again the idea of shorting at highs, this round of market is really hard to handle.
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Can this target of 86000 be reached? It's a bit precarious.
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Lack of strength leads to falling, it's hard not to short.
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PhantomMiner
· 12-01 02:00
The middle band of the Bollinger Bands can't be broken again, this rebound really lacks strength.
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Whether 88000 can hold is the key, it feels like we still have to continue looking down.
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The rebound is weak, shorting at highs is indeed more stable, waiting for the next pullback to enter.
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ETH's resistance level is firmly stuck, breaking through seems hopeless.
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It's still oscillating like this on the first day of December, it seems there might still be some action later, just endure it slowly.
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It looks like I have to wait until the rebound is sufficient before making a move, otherwise it's easy to get trapped.
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Every time it goes up, it lacks strength, it's really tiring, it's still more comfortable to stay short.
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The target of 86000 seems quite reasonable, it just depends on whether it can be hit.
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Insufficient strength means there's still room for downward movement, this logic is sound.
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It's been repeatedly testing again, when can we get a clear direction?
View OriginalReply0
LiquidationWizard
· 12-01 02:00
The rebound is weak again, this routine is familiar.
It can't fall down, nor can it rise up, what's the point of being stuck here?
If it can't break 88000, it really has to go down, I'm watching the shorting logic closely.
Why is this resistance level for ETH so stubborn, it gets crushed every time at 2900?
The rebound is an opportunity for shorting, I believe it.
View OriginalReply0
ImpermanentTherapist
· 12-01 01:57
The Bollinger middle band is starting to choke again, this rebound really lacks strength.
Still waiting for BTC to drop to around 86000, this wave at 88000 is not worth it.
ETH is even more ridiculous, at most testing the waters at 2930, anyway, falling back to 2770 is what we're after.
View OriginalReply0
TaxEvader
· 12-01 01:53
The middle band of the Bollinger Bands has collapsed, this rebound is really a joke, haha.
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DegenTherapist
· 12-01 01:52
I'm tired of hearing this weak rebound excuse, it's really that easy to see through.
If it tries 88000, it will just pass away; who would dare to buy the dip at this price level?
The resistance level for ETH is also 2900... what did we say last time?
View OriginalReply0
AirdropNinja
· 12-01 01:40
It's another situation of shorting at a high, this rebound really lacks strength.
The rebound has been stuck at the middle band several times, I'm a bit curious to see if it can break through once.
I've noted the range of 88000-89000, but I feel we still need to wait for confirmation signals.
The resistance level for ETH is quite clear; it just depends on whether it can hold above 2800.
To be honest, there are really a lot of people shorting right now, and I'm a bit worried about taking the opposite position.
This kind of volatile market is the most annoying; when it rebounds, I want to run, and when it falls, I want to buy the dip.
How much impact will the Fed's interest rate cut process have on the market outlook, everyone?
December starts off so tangled, how will the end of the month play out?
#美联储恢复降息进程 On the first day of December, let's talk about the morning market outlook.
From the daily chart structure, the trend is still fluctuating within a descending channel. Although there has been a short-term rebound, it started to weaken when it approached the middle band of the Bollinger Bands, and several attempts to break through have failed, showing clear signs of insufficient upward momentum. In this context, the approach leans towards looking for short opportunities at higher levels, which seems more stable.
$BTC can focus on the range of 88000-89000, if it rebounds appropriately, the target is 86600-86000.
Pay attention to the resistance near 2900-2930, with support below around 2800-2770.
The overall judgment is that the rebound strength is insufficient, and there is still room for a pullback in the future.