Market review and trading strategy for December 2, #ETH走势分析

Good morning everyone! After the predicted drop below 85000 yesterday, Bitcoin accurately retraced to 83700 and began to rebound. Although the expectations for interest rate cuts in December are rising, don't rush— the real monetary policy meeting won't be held until the 10th. The current bearish pattern remains unchanged, and today we will continue to focus on shorting during the rebound.

$BTC Key Position:
Long position ambush zone: 80888.8 / 82600-83200 range / 83888.8
The key focus within the day is the 85000 level, which serves as a dividing line between long and short positions. If it holds above 85300-85500, one may consider chasing long positions, but it is essential to set a trailing stop loss at 85000; if it breaks, wait for the next support level.

Short Position Sniping Zone: 87800-88300
Position management is very important - a light position can average down the cost at 89500, while a heavy position should have a hard stop loss of 300-500 points and not hold the position.

$ETH Strategy Reference:
Long position relay: 2600-2630 / 2660 / 2700-2730
Today's rebound of Ether is obviously weak, and the rebound shorts are relatively stable.
Short position pressure: 2850-2880 / 2930

$SOL operation logic:
Long position low absorption: 123 / 125
Historically, after each sharp decline, SOL tends to rebound quite fiercely. If it retraces to 125 on the 4-hour chart without breaking, one might consider going long.
Short position resistance: 128 / 130-133
The first resistance is at 128. After breaking through, look for short opportunities in the 130-133 range.

Maintain discipline, control your positions, and wish everyone smooth operations!