On December 2nd at noon, the market is quite difficult today.
A large bearish candlestick has completely wiped out the gains of the past few days, with a low hitting $83,786. After three consecutive days of bearish closes, we are now seeing a weak rebound, moving slowly. Looking at the 4-hour chart, the MACD is drifting below the zero line, and the bearish histogram is shrinking, but the candlestick has formed a long lower shadow — the 84,000 level is holding strong. In simple terms, it's a range-bound fluctuation, bouncing up and down, so just trade high short and low long.
#ETH走势分析 was more exciting yesterday, first plunging and then struggling, reaching a low of 2818. In the 1-hour timeframe, it was stuck in a descending channel, with the MACD lying at a low level and the RSI also in a sluggish state. That big bearish candlestick on the daily chart is very eye-catching, with the EMA7, 30, and 120 all in a bearish arrangement. However, there's a detail — the daily line has already hit the lower band of the Bollinger Bands, so there might be a short-term bounce; don’t chase the shorts to your demise.
In terms of operation, you can try shorting when Bitcoin rebounds to around 88300-88800, focusing on the area from 87200 to 85800; for Ethereum, enter short near 2850-2880, targeting 2810, 2780, and 2750 in batches.
$BTC will not be elaborated on, just follow the trend. Remember one thing: do not be greedy in a volatile market, take profits when you can.
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ForkTongue
· 3h ago
Again, it's a bearish belt hold, trapping me for three hundred bucks.
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PermabullPete
· 3h ago
Another Bearish line is done, this fall has seriously blown my mind.
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DegenDreamer
· 3h ago
It's another market like this, dragging on every day, it's so annoying to watch.
People are about to be shaken out, and we still have to be careful not to get caught in a short squeeze.
In this wave, we have to hold on to what we have and not be greedy.
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LiquidityWizard
· 4h ago
actually, the bullish divergence at the lower band is statistically significant here—contrary to popular belief, mean reversion off extreme RSI readings has a 67% success rate given historical data on eth. theoretically speaking, those stop hunts below 2750 are basically optimal scenario for liquidation cascades, risk-adjusted returns favor waiting for the next rejection.
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OptionWhisperer
· 4h ago
It's another one of those frustrating market conditions. Watching BTC drop with a bearish belt hold has completely wiped out my profits from the past few days. Why does it have to be so painful?
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SighingCashier
· 4h ago
Another bearish belt hold, all the hopes from a few days ago have gone to waste.
Should we really place short orders around 88800? It feels like it will drop again.
The lower band of the Bollinger Bands has been hit, this volatility is a bit scary.
Those who entered short orders at 2850 really made a profit, I didn't even realize it.
The most annoying thing in a choppy market is this back-and-forth play people for suckers, better to wait for a clear direction.
Sigh, I have to stare at the screen until dawn again.
Can this level of 84000 hold? I have a feeling it won't.
All three moving averages are in short positions, it’s just uncomfortable to look at.
Can that level of 2780 really hold? It feels a bit weak.
Keep shorting at highs and longing at lows, let's just drag it out like this.
On December 2nd at noon, the market is quite difficult today.
A large bearish candlestick has completely wiped out the gains of the past few days, with a low hitting $83,786. After three consecutive days of bearish closes, we are now seeing a weak rebound, moving slowly. Looking at the 4-hour chart, the MACD is drifting below the zero line, and the bearish histogram is shrinking, but the candlestick has formed a long lower shadow — the 84,000 level is holding strong. In simple terms, it's a range-bound fluctuation, bouncing up and down, so just trade high short and low long.
#ETH走势分析 was more exciting yesterday, first plunging and then struggling, reaching a low of 2818. In the 1-hour timeframe, it was stuck in a descending channel, with the MACD lying at a low level and the RSI also in a sluggish state. That big bearish candlestick on the daily chart is very eye-catching, with the EMA7, 30, and 120 all in a bearish arrangement. However, there's a detail — the daily line has already hit the lower band of the Bollinger Bands, so there might be a short-term bounce; don’t chase the shorts to your demise.
In terms of operation, you can try shorting when Bitcoin rebounds to around 88300-88800, focusing on the area from 87200 to 85800; for Ethereum, enter short near 2850-2880, targeting 2810, 2780, and 2750 in batches.
$BTC will not be elaborated on, just follow the trend. Remember one thing: do not be greedy in a volatile market, take profits when you can.