#数字货币市场洞察 December 3 Market Watch: BTC and ETH Trend Analysis



Last night before the market opened, CZ’s “New ATH is coming” post directly ignited market sentiment. The news flow was indeed strong afterward— the Fed announced the end of QT, the world’s second-largest asset management giant Vanguard opened access to crypto spot ETFs, and Bank of America also advised clients to allocate 1%-4% to digital assets. After this combination punch, the US money market size directly broke $8 trillion.

On the technical side, $BTC is clearly in a bullish alignment now, with the moving average golden cross confirming the ongoing trend. After a strong breakout above the daily mid-band, the price failed to hold above the strong resistance at 93,000 twice, and the hourly chart is beginning to weaken—so a pullback is normal. For today, watch the 90,600 support; as long as this level holds, the bullish structure remains intact. The strategy is still to buy on dips.

Reference levels: consider building positions in the 92,100-92,500 range, with the first target at 93,500. If it breaks through, extensions to 94,500 or even 96,200 are possible.

$ETH is relatively independent; keep an eye on long opportunities in the 3,006-3,025 range, with a short-term target of 3,062. If it breaks out strongly, 3,120-3,178 are all within expectations.

Remember to adjust short-term trades flexibly and set your stop-loss based on your actual position size.
BTC-2.05%
ETH-1.86%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
RugPullAlarmvip
· 12-03 05:56
Wait, when did CZ post that "new highs are coming"? I didn't see any obvious large address movements on-chain, so why did sentiment suddenly explode... I've seen this pattern before—when the news is hot, it's often when funds are quietly exiting.
View OriginalReply0
rekt_but_not_brokevip
· 12-03 05:55
CZ’s comment really took the emotions to the max. The news this time was just perfect—the Fed, Vanguard, and Bank of America hit with a one-two punch. An $8 trillion market cap just breaks like that, it’s kind of unreal.
View OriginalReply0
GamefiGreenievip
· 12-03 05:42
Here we go again getting fleeced, still can't hold above 93000.
View OriginalReply0
SleepyArbCatvip
· 12-03 05:37
Once again, CZ is leading the trend, it's really something... But this move does have some substance; pioneers entering the market is no small matter. Even Bank of America is allocating 1%-4%. Is traditional finance about to open up? By the way, if 90600 can't hold, I should pull out—can't be bothered to mess around anymore.
View OriginalReply0
just_here_for_vibesvip
· 12-03 05:34
CZ can stir things up with just one sentence—these market manipulation tactics are really something... But this news is indeed strong: Pioneer Group is opening up, and Bank of America has also given its approval. It really feels like institutions are seriously making moves now.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)