#ETH走势分析 Market observation notes on December 2nd at noon

The daily chart looks pretty bad. The previous three small bearish candles have been grinding along, followed by a large bearish candle that directly broke through the support level. The price is now almost touching the lower band of the Bollinger Bands. Although today's candlestick has a bit of a lower shadow, indicating that there are still buyers stepping in below, the fact that it closed bearish cannot be ignored, and the probability of continuing to move down in the short term is quite high.

The four-hour chart shows this more clearly. After two consecutive declines, there was indeed a rebound, but it was very weak—the bulls simply lack strength, and they haven't even recovered much of the positions lost earlier. To put it simply, it's just a technical pullback, not a real reversal signal.

There isn't much to say about the moving averages. All periods are in a bearish arrangement, diverging downwards quite neatly. Is it basically impossible for such a weak rebound to reverse the four-hour downtrend?

This is how I see it in terms of operation:
$BTC can look for short opportunities near 87000, focusing on the 86000 position.
Enter a short position around 2825 for $ETH , with the target set at 2775.

Risk is borne by oneself, for reference only.