#ETH走势分析 December 2 evening BTC/ETH trend analysis

What is the most feared thing in trading? It's not being wrong about the direction, but clearly having the opportunity yet not daring to take action. Choosing is indeed difficult, but not choosing will only keep you stuck in place.

Looking back at the afternoon market, Bitcoin has fluctuated from 87600 to around 87000, with short positions gradually entering the market. Currently, we continue to hold and observe.

Technical Analysis:
On the four-hour chart, a bearish candle has broken the upward oscillation of four consecutive bullish candles. The overall structure of the Bollinger Bands remains unchanged, and the MACD is operating below the zero line, with red bars continuing to expand, suggesting that the bearish trend may continue.

On the hourly level, the recent trend has repeatedly played out the "pullback-rebound-pullback" cycle pattern, which is basically consistent with previous judgments, except that the depth of the pullback did not reach expectations.

From a structural perspective, the downward channel remains intact, with 87300 being the key resistance line. If the rebound does not surpass this level, it is likely to continue to oscillate downward.

Evening strategy reference:
Consider short positions around BTC at 87200, with support at 85500 below.
You can also short ETH around 2830, looking at the 2750 level.

Continue to focus on short selling with the rebound as the main strategy.