Today, there was a significant reversal with increased volume on the daily chart, and the price broke through the previous downtrend resistance line. From a technical perspective, a double bottom pattern is starting to take shape, and the capital in the market is clearly leaning towards the long side. This rebound has strong momentum.
The current strategy is clear: follow the trend and go long. Look for entry opportunities within the support range; as long as the key support holds, the bullish pattern remains intact. If it breaks down, then adjust your positions promptly.
How to execute specifically? Consider building long positions in the 92,000 to 92,500 range, with an initial upside target at 93,800. If momentum is strong, it could reach around 95,000.
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SatoshiSherpa
· 12-03 11:11
The double bottom formation is quite interesting this time. Going long at 92500 feels like it might be worth a shot, just worried it might be another fake breakout.
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BoredRiceBall
· 12-03 11:10
The double bottom really needs to take shape, otherwise this rebound is just a fake-out. Those who went long at 92,000 are just waiting to get dumped on.
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BasementAlchemist
· 12-03 11:08
Double bottom formed. If 92500 can't hold, you have to get out. This rebound does look solid.
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ContractHunter
· 12-03 10:55
The double bottom pattern is really interesting this time. Entering at 92,500 seems a bit safer, but I'm just worried the Federal Reserve might pull some unexpected move again.
#美联储重启降息步伐 December 3 $BTC Midday Market Trend Observation
Today, there was a significant reversal with increased volume on the daily chart, and the price broke through the previous downtrend resistance line. From a technical perspective, a double bottom pattern is starting to take shape, and the capital in the market is clearly leaning towards the long side. This rebound has strong momentum.
The current strategy is clear: follow the trend and go long. Look for entry opportunities within the support range; as long as the key support holds, the bullish pattern remains intact. If it breaks down, then adjust your positions promptly.
How to execute specifically? Consider building long positions in the 92,000 to 92,500 range, with an initial upside target at 93,800. If momentum is strong, it could reach around 95,000.