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#数字货币市场回升 Monday, December 1st, midday observation



Looking at the 4-hour trend, three consecutive bearish candles have pushed the price down to the lower edge of the parallel channel, and both MACD and KDJ are moving downward, showing strong bearish momentum. The hourly chart is more direct, as the price surged to around 91000 before starting a steep decline, indicating a clear short-term weakness.

This trend still suggests shorting on rallies. You can try to position short orders in the range of 86800 to 87500, with the initial target at 85000 and if it breaks, continue to look at 84000. Set your stop loss based on your position size, don't hold on stubbornly. $BTC $ETH
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RektButStillHerevip
· 5h ago
When the 91000 Plummet happened, I dreamily hung a short order and made a huge profit, feeling like I hit the jackpot haha.
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TestnetFreeloadervip
· 12h ago
Damn, this short order layout is really on point, I've already laid in ambush at the 86800 level.
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ForumLurkervip
· 12h ago
I can clearly see the 91000 Plummet; I feel the same way. The short positions are indeed making a strong push, and entering a short order at the 86800 level feels a bit more stable.
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ImpermanentTherapistvip
· 12h ago
Plummet again, 91000 didn't hold, these short positions are really fierce...
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MevShadowrangervip
· 12h ago
The plummet at 91000 is truly extreme, the bears are indeed a bit aggressive this time. Buying the dip around 86800-87500 still needs to be cautious, don't get hit by the Rebound.
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SundayDegenvip
· 13h ago
Continuous bearish lines get dumped down, this wave of bears is indeed fierce, 91000 directly plummeted and I didn't even react.
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