#数字货币市场回调 watch the market on the afternoon of December 2

Many people thought that the long lower shadow line yesterday indicated that the bulls were holding up the market. But look at today's small upward lines; the rebound is weak and feeble, typical of just a pause during a downtrend.

In simple terms, every time this kind of soft rebound occurs, it's the bears gathering strength. The current strategy is still the old rule - short on the highs.

How to operate specifically? Keep an eye on the EMA30 moving average resistance level. Once the price touches that point, if the rebound starts to weaken and shows signs of stagnation, it's an entry opportunity. Set the stop loss just above the recent rebound high or a bit above the key resistance level.

Unless the market truly gives a solid reversal signal with a breakout on high volume across multiple moving averages and the MACD reclaiming the zero line, all upward movements can only be viewed as a rebound. The priority is to look for short opportunities, which is the current main theme.

The current bearish trend is quite obvious. The rebound structure is loose, the momentum is insufficient, and it is being tightly pressed by the moving averages. This technical adjustment is precisely providing a better entry point for the upcoming decline.

$BTC Operating suggestion: You can set up short positions in the range of 88200 to 87200, with target levels at 86200 and 85200.