On December 5th, afternoon Bitcoin and Ethereum operation suggestions and direction sharing

Hello everyone, good afternoon. Reviewing the Bitcoin market conditions in the early morning, Bitcoin started a strong pullback to around 90822 after hitting a high of 93100, with a drop of nearly 2000 points in the range, showing a one-sided trend. It began to rebound and recover early, currently fluctuating around 92400. Ethereum followed the Bitcoin market, dropping from a high of 3227 in the early morning to a low of 3061, also showing a one-sided trend with a movement of over 166 points. Overall, the high sell-low buy strategy proposed yesterday coincided with the market conditions again, and I believe friends who have seen and invested in it have something to take away.

From the current market perspective, Bitcoin has started to rebound and recover to the current Bitcoin range around 92350 and Ethereum around 3172, with narrowing band indicators. The middle track and upward movement are both downward, while the lower track shows signs of bending upwards. Bitcoin quickly fell back after breaking through the middle track of the band, indicating that upward pressure still exists, and the rebound momentum is insufficient for a strong stretch. The MACD fast and slow lines have turned down from above the zero axis, and the red volume continues to increase, indicating that the short-term is still in a downward space. Therefore, the suggestion for participating in the afternoon is to continue with a bearish mindset from yesterday.

Bitcoin can be bought around 92000 to 92700, with attention to 90000.

Ethereum can be bought around 3160 to 3190, with attention to 3100$BTC $ETH #比特币 #以太坊 .