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#数字资产市场观察 Market Observation on the evening of December 2: The short positions logic for BTC and ETH is still in place.



I’ve been watching the market all day, and both Bitcoin and Ethereum have returned to the drop point from last night. In fact, I mentioned during the day that although the price is recovering and rebounding, the overall mindset is still bearish — the logic of short positions from above 91000 and 3040 hasn’t changed at all.

The short positions are indeed a bit weak, but looking at the trend, the dominance is still in their hands. Every time the bulls try to push higher, they are pushed back down, rising little and falling a lot, reinforcing the downward structure once again.

In the evening, pay close attention to the BTC range of 88500-89000, while ETH is near 2850-2870, where there is obvious resistance. If you still have short positions opened during the day, you can continue to hold them, or look for opportunities to enter near 87400 and 2830. As for the target positions, BTC is looking at 85500-84500, and ETH is in the range of 2700-2740.

As usual, these are just personal opinions; actual operations still need to be based on real-time market conditions, and risks should be managed by oneself. The market changes quickly, and specific situations should be analyzed specifically.
BTC5.94%
ETH7.25%
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CexIsBadvip
· 9h ago
Is 88500 coming again? This short positions logic is almost worn out, just waiting to see if there will be any surprises in the evening.
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HalfBuddhaMoneyvip
· 9h ago
Short positions are holding on, while long positions retract at the slightest touch... The market data looks quite exhausting.
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WhaleMistakervip
· 9h ago
The short positions do still have control, but this rebound is making me a bit irritated.
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