2025-12-03 04:06:38

12.3 Wednesday Midday Market Analysis.

Currently, trend judgment only requires looking at BTC. Due to insufficient funds and low activity in the market, ETH and SOL are merely following BTC, with their movements being amplified at most.

BTC is currently around 93,000, which is a key level for several reasons:
1. It's the previous rebound high.
2. It's the 4-hour EMA resistance level, which hasn't been broken in any rebound since November.
3. It's above the daily Bollinger middle band.

If BTC does not fall back below 91,500 in the next three days, the previous pattern of consecutive declines will be considered broken, potentially ushering in the strongest rebound since this downturn began. Why call it a rebound and not a reversal? Because a reversal in moving average patterns requires time for confirmation.

BTC trading suggestion: Short around 93,000, stop loss above 94,000. First take profit target at 91,800, second at 91,000, third at 90,300#十二月行情展望

BTC-0.07%

ETH-0.21%

SOL-0.12%

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