Bifudi Daily Market Analysis (2025.12.04)

🖊 Yesterday's Review: The US market saw a crazy washout, BTC moved in a stable manner, but unexpectedly ETH experienced a crazy surge (possibly due to an upgrade). Overnight, bulls made a significant profit, and the well-known counter-trend trader, Brother Ma Ji, has also been enjoying great gains these days. Market changes are rapid; as I mentioned on the 2nd, the trading difficulty in this stage is very high, so it’s better to remain cautious.

👉 Intraday Market:

✅ BTC has closed two consecutive large bullish candles, and the trading volume has increased simultaneously, confirming strong momentum. However, it has now reached an important resistance level. If it can break through, we can expect a stronger subsequent rebound; if it cannot, it may continue with a fluctuating market. Today, pay attention to the support level at 92100 and the first resistance level at 94300.

✅ ETH's rebound is even stronger, with two large bullish candles on the daily chart rebounding more than 50% of the downtrend segment. It is highly likely to break through strongly, while also needing to keep an eye on BTC's movements. Currently, frequent trading is not recommended. Focus on the support level at 3100 and the first resistance level at 3250 today.

✅ Trading Advice: We have reached a critical position where both long and short trades are quite challenging! It is recommended to stay out and wait!