At midday closing, domestic futures main contracts fell more than they rose. The collective shipping European line rose over 4%, Shanghai zinc and copper rose over 2%, international copper rose nearly 2%, red dates and Shanghai aluminum rose over 1%. In terms of declines, coking coal fell over 3%, polysilicon fell nearly 3%, ethylene glycol, alumina, and coking coal fell over 2% $BTC
On December 5th, Bitcoin faced downward pressure in the early hours, quickly rebounding after breaking below the 91000 level, but the selling pressure above has not been released, and the rebound is weak; multiple attempts to break through the 94000 resistance level were met with setbacks, triggering a pullback, and the daily line closed bearish, continuing a weak fluctuation pattern.
The core support during the day focuses on 90000-90600, with strong resistance locked at the 94000 integer level. From a technical perspective, the daily line shows increased volume moving upwards but has not broken through the zero-axis pressure, and the 4-hour volume is converging, with the market trading cautiously. Bitcoin is in a phase of consolidation and pullback, and the short-term trend remains unclear.
In terms of operation, it is suggested to adopt a "high short, low long" strategy around key intervals, strictly controlling positions, and lightly positioning both long and short. Operation suggestion: near 92900-93500 for short, looking down to around 91900-91000 $BTC #加密市场观察
Trust your choice, follow your belief There are no shortcuts on the path of flipping, only unwavering execution. Time will reward those who are patient and brave—— You are much closer to the light than you think.✨ $BTC $ETH
Reuters survey: Among 100 economists, 50 indicated that the Federal Reserve is expected to lower the federal funds rate to a range of 3.25%-3.50% in the first quarter of 2026; 89 indicated that the Federal Reserve is expected to lower the federal funds rate by 25 basis points to a range of 3.50%-3.75% on December 10 $SOL
On December 4th at 23:00 Beijing time, there will be large foreign exchange options expiring for Europe and the United States, Japan and the United States, with 9 strike prices having large orders exceeding 1 billion. Please manage your risks $BTC
12.4 Daily Analysis The large pancake shows a two consecutive bullish trend from the daily perspective, successfully breaking through and stabilizing at the middle band of the Bollinger Bands, with a short-term bullish pattern initially emerging. The RSI indicator's three lines are synchronously diverging upwards, the MACD indicator has completed a golden cross and is also extending upwards, with a dual indicator resonance confirming the continuous rise of bullish momentum, overall leaning towards bullish.
Switching to the four-hour level, the price also recorded two consecutive bullish candles, with the Bollinger Bands continuing to widen, indicating further expansion of the upward space. The current price is oscillating at a high level, which does not signify a decrease in upward momentum, but rather a consolidation before a new round of upward movement. In summary, based on the morning's price pullback, a bullish position is suggested. Large pancake trading advice: Buy on the pullback to 92600-92000, targeting around 93700-94500, with a breakthrough potentially looking towards above 95000. $BTC #加密市场观察