The logic behind this round of movement is actually very clear —
Where is the 93,000 position? It is far from the endpoint. From a technical structure perspective, the range of 98,000 to 100,000 aligns more with the expectations of major targets.
However, the recent market data has indeed been tormenting.
When it falls, it does so fiercely. Clearly, the weekly support is intact, yet they deliberately drive it down to create panic, only to quickly pull it back up in a V-shape. This kind of operation is specifically designed to punish those who chase highs and sell lows.
Now let's look at a position:
84,000 this weekly line. As long as it doesn't break, the bullish structure remains healthy, and the moving average system is also supporting upward, the trend hasn't changed.
The operation logic is actually not complicated:
Do not chase the high. Wait for a pullback to a reasonable support level to position yourself, as it is more stable to capture the subsequent main upward trend.
The main rhythm of the market remains unchanged, which is a fluctuating washout, and then a continued upward attack.
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NFT_Therapy
· 12h ago
Whipsaw waiting for a breakout
View OriginalReply0
AirdropFreedom
· 12-02 03:01
Steady progress is the key.
View OriginalReply0
WalletWhisperer
· 12-02 02:58
Looking bullish but not chasing rising prices
View OriginalReply0
MidnightMEVeater
· 12-02 02:54
If the car flips, you'll be Tied Up.
View OriginalReply0
BearMarketMonk
· 12-02 02:51
It is right to seek breakthroughs while maintaining stability.
#数字资产市场观察 📊Market data observation on December 2
The logic behind this round of movement is actually very clear —
Where is the 93,000 position? It is far from the endpoint. From a technical structure perspective, the range of 98,000 to 100,000 aligns more with the expectations of major targets.
However, the recent market data has indeed been tormenting.
When it falls, it does so fiercely. Clearly, the weekly support is intact, yet they deliberately drive it down to create panic, only to quickly pull it back up in a V-shape. This kind of operation is specifically designed to punish those who chase highs and sell lows.
Now let's look at a position:
84,000 this weekly line. As long as it doesn't break, the bullish structure remains healthy, and the moving average system is also supporting upward, the trend hasn't changed.
The operation logic is actually not complicated:
Do not chase the high. Wait for a pullback to a reasonable support level to position yourself, as it is more stable to capture the subsequent main upward trend.
The main rhythm of the market remains unchanged, which is a fluctuating washout, and then a continued upward attack.
Patience, the opportunity is behind.
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