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December 3rd Bitcoin and Ethereum Evening Trend Analysis and Trading Strategy!

2025-12-03 12:42:46
Shareshare
From a daily chart perspective, Bitcoin rebounded after a second dip to the 84,000 level and is currently testing resistance at 93,000. A further break above this level would target 94,500-95,500, with support now at 90,500-91,500. Ethereum is moving in tandem, rebounding after a second dip to the 2750 level and currently testing resistance at 3080-3100. A further break above this level would target 3170-3230, with support now at 3000-3030. On the 4-hour chart, both Bitcoin and Ethereum rebounded after testing lower levels, with Bitcoin at 93,000 and Ethereum at 3100. As previously analyzed, if the second test fails to break out, a consolidation range will likely form. Currently, this range hasn't fully formed. Further upward movement targets 94,500-96,000 for Bitcoin and 3170-3230 for Ethereum. If resistance is encountered and prices fall back, the consolidation range will be largely confirmed. The bearish outlook analyzed the day before yesterday was based on a second dip, which has proven to be in line with expectations. However, the rebound process and strength are still uncertain. Therefore, given that we are currently near a resistance level, it is recommended to continue shorting. Trading strategy: Short Bitcoin at the current price of 92800-93300, target 91000-90000, stop loss above 94000; Short Ethereum at the current price of 3080-3100, target 3000-2950, stop loss above 3180. These strategies are time-sensitive; please refer to the information on the homepage for details, and private real-time guidance will prevail.
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