December 3rd Market View

Yesterday, the white盘 maintained a narrow fluctuation and did not break below the key support. In the evening, it collectively surged strongly, and the structural pressure was not effective, leading to a major explosion of short positions! The daily line strongly recovered, accompanied by a surge in bulls, and the bears were trampled.

#BTC The first number walked out of the golden pit, and now it looks like a second test of the previous low, effectively defending the bulls. Last night's bottom reversal weakened short supply and enhanced bull demand. In the short term, there is no sign of stagnation. If the neck line at 92000 holds, it will continue the mid-term reversal, with 98,000 and 102,500 still being the targets for this time. Although this expectation was shelved in the previous two days, the market has continued to extend the viewpoint. The support below is relatively dense, and bulls can place stop losses below 90,000;

#ETH The overall market operates in coordination, similarly experiencing a quick reversal after the second test, clearing out investors who shorted. This wave of rise brought volume, and there is still momentum for further highs. The current price is back around 3050, where it corresponds to the previous dense chip area at 3025. If the price can stabilize here in the short term, we will continue to look at 3100/3250 above, and even achieve the final rebound target of 3500-3800.