#数字货币市场回调 December 1 after-hours market observation notes

The recent trend is indeed quite intense. Although it hasn't fallen in the four-hour chart for now, the strength of the rebound... how should I put it, it's rather weak. The previous large bearish candlestick directly smashed through the lower Bollinger Band, and this slight warming cannot shake the downward trend at all.

In simple terms, the selling pressure brought about by the news has become dominant. Currently, this small rise seems more like a technical self-repair, but the problem is that the buying support is completely lagging behind.

Looking at the one-hour trend, it's more obvious: after a deep fall, four small bullish candles have formed, but the Bollinger Bands are still opening downward. The bearish energy still dominates, and the resistance above is clearly visible. Do the bulls want to counterattack? There is currently no sign of that momentum. The price is likely to test the recent lows downward.

Overall judgment: The market is still swaying in a downward channel, and this short-term rebound is unlikely to last long; there is a greater possibility of continuing to test the lows.

The operational idea is also simple - go with the trend and short at highs. Just watch the resistance levels when the price rebounds near the lows. Continue to maintain a high short strategy tonight, and don't forget to control position risk.

Specific point of reference:
- Bitcoin can pay attention to short opportunities near 87000, targeting to see 85000.
- Pay attention to the resistance around 2860 for Ethereum, with a target looking down at 2750.

$BTC