Analyst Chen Shu: On December 7th, the divergence between bulls and bears in Bitcoin and Ethereum is focused on whether the 9.05 resistance level can be broken and held.

Analyst Chen Shu: December 7th Bitcoin and Ethereum Bull-Bear Divergence, Focus on 9.05 Resistance Level Breakout and Holding. Yesterday's midday analysis suggested shorting Bitcoin at the current price of 9.01 and going long on Ethereum at the current price of 3005, but this was not entered. The Bitcoin short position entered as expected, retracing to a low of 8.88, resulting in a profit of over 1000 points. Looking at the daily chart, Bitcoin continues to be suppressed by the MA5/10-day moving averages. The key resistance level to watch is the MA30 moving average at 9.25. If it fails to rebound and break through and hold above 9.25, the short-term trend will continue its downward bias. The 4-hour chart is currently oscillating around 8.9. The key level to watch is the 1-hour MA256 moving average at 9.05, which can be treated as a short-term bull-bear dividing line. From the daily chart, Ethereum's daily trend remains consistent with yesterday's analysis. The key focus is on the resistance level of the 256-day moving average (MA256) at 3185. A short-term hold above this level would indicate continued bullishness; conversely, until a break and hold above 3185, the market is expected to remain in a range-bound pattern. A short position with a small stop-loss can be considered again near the 3185 resistance level. On the 1-hour chart, watch the 256-day moving average (MA256) at 3015 for support. Midday Trading Strategy (Written at 12:40): BTC: Short at 9.04, add to short position on a rebound to 9.15, target 8.9/8.8; Long at 8.8/8.7 with a target of 90,000. ETH: Long at 3015 with a small stop-loss, target 3060/3100; Short at 3180 with a small stop-loss, targeting a 6-100 point pullback. Daily analysis strategies have a very high win rate! Analysis is not easy, so please give a free follow, save, like, and comment. Thank you! Feel free to leave comments below; I will reply to each one.