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#美联储恢复降息进程 December 1 market data summary



Bitcoin is now hovering around 87314, looking quite awkward. Yesterday's big bearish candle knocked people for a loop, plummeting from nearly 91000 all the way down to 86941. This kind of drop is basically a collective effort from the bears, directly breaking through the previous consolidation range.

What can we say from a technical perspective? The one-hour chart hasn't shown any decent rebound at all. The bears have indeed been quite fierce this time, which is a typical trend breakdown method. At this position, it is clearly a weak sideways consolidation, and the bulls are obviously unable to hold the market data.

My personal thoughts on the strategy:

If it rebounds to the range of 88000-89000, consider shorting again, targeting around 87000, and for the aggressive ones, it can be seen at 86300.

$BTC Ethereum follows the same principle, wait for a rebound to the 2900-2940 area to place a short position, with support to watch at the 2800 level, and if it breaks, look at 2750.

In the short term, the bearish atmosphere continues. Before there are clear bullish signals, any rebound is an opportunity. Of course, specific actions must be combined with real-time market data and strict stop-loss settings.
BTC-6.54%
ETH-9.02%
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FalseProfitProphetvip
· 6h ago
The position at 87314 really can't hold anymore, that wave of getting dumped yesterday directly broke the defense. Do the short positions still need to continue playing people for suckers? It feels like the rebound space has been completely blocked. Around 88500 might really be the last struggle opportunity.
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FlatlineTradervip
· 18h ago
Oh no, yesterday's drop completely stunned me. I thought it could surge to 92. Rebounding to 88 to cut again, these short positions are really fierce.
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DEXRobinHoodvip
· 18h ago
91000 directly dropped to 86941, this wave of short positions is really fierce, long positions are left searching for teeth on the ground Rebound to 88000-89000 and then continue shorting? I want to see if it can hold This wave of market conditions is indeed uncomfortable, the Money Effect is gone
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MetaDreamervip
· 19h ago
Damn, this drop really caught me off guard, going straight from 91k to 86k, the shorts are too fierce. So what if there's a rebound, just keep shorting and that's it, there are no long position signals. Set your stop loss, everyone, or you'll really get Rekt.
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DAOdreamervip
· 19h ago
Damn, this drop is really brutal, directly falling from 91k to 87k, the shorts are really going to make money. The bulls are hit badly, they don't even have the strength to rebound, now just waiting for a rebound to 88-89 to drop again. Breaking the level is the real breaking, this time it's different. I knew something was going to happen with that big bearish line yesterday, and it really did. Wait, what does the Fed's rate cut have to do with this drop? Is it favourable information that instead caused a drop? The technicals do look weak, the bulls should wake up. Entering a short order again at 88000 isn’t a big deal, just afraid the rebound won't reach that position. Don't buy the dip on Ether either, 2800 breaking is the real bottom, now catching a falling knife is just giving away money. Strict stop loss, that’s good advice, those without stop losses are all crying.
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