#BTC On the first day of December, a major cleanup occurred, and the overall market declined. Those who managed to short really have luck on their side.
For those who missed the bus, don't be anxious; the crypto world always favors those who are patient.
December is often a month of year-end rebounds.
Currently, Bitcoin has dropped from around 91330 to a low of about 85560 and rebounded to 86600, while Ethereum has fallen from 3040 to a low of 2805 and is currently at 2840.
Both have fallen to support levels.
However, the current advice is not to rush into the market yet; there will certainly be further testing of support levels in the short term. Bitcoin continues to test 85000, and Ethereum tests 2800. If they break these levels, further declines may occur, with Bitcoin continuing to test 80000-83000 (the October low and macro demand zone) and Ethereum testing 2650-2750 (200-day moving average).
So, those who are patient and want to seize a significant rebound can wait for the recent secondary support level test. If Bitcoin stabilizes at 86000 and Ethereum stabilizes at 2800, it won't be too late to buy the dip.


