Xiang Li: December 2nd evening BTC ETH operations and analysis
The persimmon market in the afternoon continues to be as calm as still water, with the market trends remaining in a horizontal fluctuation and consolidation. BTC has been fluctuating around 87000, currently resting around 86700. ETH is moving in sync with BTC, always hesitating around 2800. In the afternoon, the orange BTC 2 Dan achieved a total of over 1573 points of space. Although it is still a bit short of the target set at noon, the choice of direction is still correct. Currently, although Qie Ge is running above the short-term moving averages, it has begun to test the support level of the moving averages, and the upward momentum in the short term is weakening. The MACD double lines continue to operate below the zero axis, with the market trend still dominated by the downward direction. Meanwhile, the RSI three lines are synchronously operating in the weak zone, and the downward momentum has not completely exhausted, with market sentiment remaining pessimistic. At the hourly level, although the KDJ is in the weak zone and shows a trend of upward divergence, the momentum in the upward direction appears to be somewhat lacking, which may limit the height of the upward movement. As mentioned at noon, the key nodes for BTC at 87500 and ETH at 2850, if they cannot break through and stabilize, then the market will struggle to perform, and the larger trend remains downward. Therefore, in the evening operations, one should act in accordance with the trend and maintain a position in the market! BTC: 87000-87500 涳 Look 86000 ETH: 2820-2850 看 2750 #成长值抽奖赢iPhone17和周边 #十二月行情展望 #GIGGLE和PIPPIN强势上涨
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.
Xiang Li: December 2nd evening BTC ETH operations and analysis
The persimmon market in the afternoon continues to be as calm as still water, with the market trends remaining in a horizontal fluctuation and consolidation. BTC has been fluctuating around 87000, currently resting around 86700. ETH is moving in sync with BTC, always hesitating around 2800. In the afternoon, the orange BTC 2 Dan achieved a total of over 1573 points of space. Although it is still a bit short of the target set at noon, the choice of direction is still correct.
Currently, although Qie Ge is running above the short-term moving averages, it has begun to test the support level of the moving averages, and the upward momentum in the short term is weakening. The MACD double lines continue to operate below the zero axis, with the market trend still dominated by the downward direction. Meanwhile, the RSI three lines are synchronously operating in the weak zone, and the downward momentum has not completely exhausted, with market sentiment remaining pessimistic. At the hourly level, although the KDJ is in the weak zone and shows a trend of upward divergence, the momentum in the upward direction appears to be somewhat lacking, which may limit the height of the upward movement.
As mentioned at noon, the key nodes for BTC at 87500 and ETH at 2850, if they cannot break through and stabilize, then the market will struggle to perform, and the larger trend remains downward. Therefore, in the evening operations, one should act in accordance with the trend and maintain a position in the market!
BTC: 87000-87500 涳 Look 86000
ETH: 2820-2850 看 2750
#成长值抽奖赢iPhone17和周边 #十二月行情展望 #GIGGLE和PIPPIN强势上涨