Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#数字资产市场观察 Market observation notes for the afternoon session on December 2



I checked the four-hour chart, and this drop has been very smooth. Have you noticed that in the recent rebounds, the volume has been decreasing each time? The bulls obviously do not want to take over. This situation basically means that it's a breather in a bearish trend; don’t mistake a rebound for a reversal.

The current strategy still has to follow the bear market.

$BTC Pay attention to the area 87300-87800, you may consider laying out a short position, looking down towards the vicinity of 86000-85500.

Look at the 2820-2850 resistance level for shorting opportunities, targeting 2760 first, then 2720.

Short-term trading, manage risk well yourself.
BTC0.03%
ETH-1.09%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
NullWhisperervip
· 3h ago
Wait for 8500 to buy the dip
View OriginalReply0
FlashLoanLarryvip
· 3h ago
short positions all the way down
View OriginalReply0
MEV_Whisperervip
· 3h ago
Will it fall at this level?
View OriginalReply0
FromMinerToFarmervip
· 3h ago
Bearish momentum has formed, do not be blind.
View OriginalReply0
ApeWithAPlanvip
· 3h ago
You have to be bold when it's empty.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)