#BTC December 2 BTC market update: Seeking direction amidst fluctuations, evening short order strategy is clear!
1. Market Review: After a V-shaped rebound, it fell into a stalemate. Yesterday, BTC initially declined before rising. After touching the low point near 83792, it stabilized and rebounded, oscillating upward and recovering lost ground, ultimately returning to oscillate around 87400. From a technical perspective: • 4-hour chart: After a strong downward trend with consecutive bearish candles, a strong rebound occurs, and the price stabilizes above the middle band of the Bollinger Bands. The short-term trend shifts from a one-sided movement to a "standoff battle"; • Hourly chart: Shows the characteristic of "slow decline and quick recovery". After a dip, it quickly rebounded and is currently in a neutral position within the range. The direction is like "seeing flowers in the fog", and it is not yet clear whether it is consolidating for a downward trend or brewing a reversal. 2. Evening operation strategy: short on the rebound, clear target. Considering the current oscillation pattern, the evening operation suggestion is mainly "short on rebound", with the specific layout as follows: • Entry range: 88500-89000 • Target range: 86500-85500 area • Position Reminder: Previous high-level short orders can continue to be held, wait for the market to release space before confirming the new range, overall maintain a fluctuating strategy to cope!
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#BTC December 2 BTC market update: Seeking direction amidst fluctuations, evening short order strategy is clear!
1. Market Review: After a V-shaped rebound, it fell into a stalemate.
Yesterday, BTC initially declined before rising. After touching the low point near 83792, it stabilized and rebounded, oscillating upward and recovering lost ground, ultimately returning to oscillate around 87400. From a technical perspective:
• 4-hour chart: After a strong downward trend with consecutive bearish candles, a strong rebound occurs, and the price stabilizes above the middle band of the Bollinger Bands. The short-term trend shifts from a one-sided movement to a "standoff battle";
• Hourly chart: Shows the characteristic of "slow decline and quick recovery". After a dip, it quickly rebounded and is currently in a neutral position within the range. The direction is like "seeing flowers in the fog", and it is not yet clear whether it is consolidating for a downward trend or brewing a reversal.
2. Evening operation strategy: short on the rebound, clear target.
Considering the current oscillation pattern, the evening operation suggestion is mainly "short on rebound", with the specific layout as follows:
• Entry range: 88500-89000
• Target range: 86500-85500 area
• Position Reminder: Previous high-level short orders can continue to be held, wait for the market to release space before confirming the new range, overall maintain a fluctuating strategy to cope!