Mr. Crypto: Bitcoin Market Analysis and Reference (December 2nd)

12.2 Bitcoin Market Analysis: Looking at the current trend, the 4-hour chart shows a long lower shadow at 20:00 on December 1st, indicating strong support around 84000. The daily chart rebounded after three consecutive days of declines, but failed to break the previous high of 93092, forming a weak rebound structure within a downtrend. Technically, both the 4-hour and daily MACD are below the zero line, with the DIF and DEA continuing to weaken, indicating a generally weak short-term trend. The price has broken below all moving averages, including EMA7, 30, and 120. Currently, 86418 is below EMA7 (86697), forming short-term resistance, and the overall structure remains bearish. On the hourly chart, the pullback continues, and subsequent rebounds are weak, suggesting further downside potential. Therefore, it is currently advisable to avoid long positions to prevent further price declines. The current trend is a downward oscillation, so the recommended strategy is to primarily sell on rallies and secondarily buy on dips. The upper resistance level to watch is around 88,500, and the lower support level is around 80,000. Bitcoin short-term trading strategy for December 2nd: Short at 88,800-87,800, stop loss at 90,500, target below 86,300. Long at 80,500-81,500, stop loss at 500, target above 82,500. Ethereum short-term strategy for December 2nd: Short at 2860-2905, stop loss at 30 points, target below 2800. Long at 2681-2631, stop loss at 30 points, target above 2720. There may be a delay in article delivery; the strategy suggestions are for reference only. Market conditions change rapidly. No matter how confident you are in your market analysis, always use stop-loss and take-profit orders to secure profits.