December 2 BTC ETH market strategy

The daily candlestick shows a large bearish engulfing pattern that has swallowed all previous gains, signaling the end of the upward momentum. The bearish volume continues to be released, and there is a lack of effective support below, indicating that there is still room for further decline. The market has now turned bearish.
The price on the four-hour chart is running closely along the lower Bollinger Band, with bullish candlesticks mostly being weak entities that are passively correcting after a decline, indicating no trend reversal signal; technical indicators have slightly slowed down, but the bearish structure remains unchanged with clear suppression, and it is difficult for the bulls to launch an effective counterattack.
Core Strategy: We are currently still in a weak downtrend channel, mainly focusing on short positions in line with the trend, while contrarian plays for rebounds carry extremely high risks. Pay attention to the performance under key resistance levels, and when rebounds show weakness, one can consider entering at highs. Operations must strictly control position sizes and set stop-losses.

BTC trading advice: rebound around 85500-86300, then look for 84300-83000, if it breaks, continue to look down.

ETH operation suggestion: rebound near 2780-2850, then look down at 2680-2550, if broken, continue to look down.
#十二月行情展望 #GIGGLE和PIPPIN强势上涨