On the first trading day of December #ETH走势分析 , the market experienced severe fluctuations.

During the early hours, BTC experienced a one-sided decline, with a drop of 4600 points catching many investors off guard. Currently, in terms of K-line patterns, the bearish candlestick body continues to expand, and the moving average system has formed a death cross arrangement, with the key integer level of 87000 completely lost. From a technical perspective, whether in the short cycle or the medium to long cycle, the upward momentum has clearly weakened, and no effective signs of a rebound have been observed yet—in this case, a bearish outlook would be relatively prudent.

From an operational perspective:

If BTC makes a rebound, pay attention to the pressure around 87500, with an initial target looking towards 85000. If this level cannot hold, 83000 is likely to be tested; additionally, 86000 serves as short-term support, and if it fails, the downward trend may continue for a longer time. Currently, the risk of rushing to buy the dip is quite high.

In terms of ETH, pay attention to the resistance in the 2880 area during the rebound, with the first support level at 2650 below, and if it breaks further, focus on 2380.

Risk control is always the top priority, no matter what.