#美联储重启降息步伐 December 5 Morning Market Watch

Bitcoin is currently in a consolidation phase. The long lower shadow on the 3rd signaled that there is strong buying support below. The following two trading days closed higher consecutively, and market panic has clearly subsided.

On the 4-hour chart, the MACD indicator is about to touch the zero line, which usually means the short-term sideways pattern will continue. The market is expected to fluctuate within a range today, and the resistance area on rebounds is more suitable for short positions.

Strategy reference:

BTC range: Look for short opportunities in the 92,800 to 92,500 area, targeting around 91,200. Further support to watch at 90,000.

ETH range: 3,190 to 3,160 is an ideal entry point for shorts, targeting 3,040 first, with further downside to 2,980 if it breaks.