Will December 5 be a Black Friday for the crypto market? This question has been lingering in the minds of quite a few traders lately.



In the past few days, the price swings have been getting narrower and narrower. Thinking back to a while ago, a random wave could easily bring thousands of points in violent volatility. But now? The tug-of-war between bulls and bears is about to come to a head, and the price has been squeezed into a tight range.

The rhythm is actually quite obvious—weak and sluggish during the Asian and European sessions, then a sudden surge before or after the US session, but unable to hold at the close. With this kind of movement, both bulls and bears have opportunities. A one-sided trend is all about guts; in a choppy market, it’s about finding the right position. Right now, the 89,000 to 93,000 range is a huge washout zone, and everyone’s waiting for that final rate cut decision from the Fed in December.

As for trading: if BTC touches the 92,600-93,000 line, you can consider going short, targeting around 91,000, and if it breaks below 90,700, then look at 89,500; but if it holds above the 90,700 support, going long around there isn’t out of the question either. #比特币对比代币化黄金 $BTC $ETH All these mainstream coins are currently waiting to see how this level plays out.

When the market is unclear, don’t rush to buy the dip if the price hasn’t hit your psychological level; don’t panic-sell if it hasn’t reached your target either. Whether you’re buying, selling, or just holding, the core is two words: patience. And another key word: discipline.
BTC-0.21%
ETH0.27%
BNB1.1%
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OnchainFortuneTellervip
· 12-05 07:00
Wait, is the Fed really going to bring the hammer down this time? I feel like we're about to get shaken out again.
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BlockTalkvip
· 12-05 06:59
Black Friday? Forget it, it's better to wait until the Fed makes its move. --- The 90700 level is really tight, both bulls and bears are fighting it out here. --- I just want to know if December is for selling or buying in, anyway I'll wait for a clear trend before making a move with my position. --- Positioning really works, it's much more reliable than simply betting on direction. --- Saying "patience" is easy, but it's impossible to hold back when actually trading. --- The 89000-93000 consolidation zone is annoying, just back and forth every day. --- Seriously, if the market is unclear, don’t mess around—let’s just wait for a clear signal this time.
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EyeOfTheTokenStormvip
· 12-05 06:35
Looking at historical data, this kind of bottoming pattern does show clear signs of volatility, but my quantitative model is warning of risks... Oh god, once again the fate is decided by the Fed—it's always like this. Is the 90700 support level really that solid? I think it still depends on the volume. There are indeed many opportunities for T-trading, but to be honest, who can really nail that exact position? It's always hindsight. December is indeed a sensitive month, and data from previous years shows that volatility will rise significantly... By the way, how are you guys operating?
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MelonFieldvip
· 12-05 06:32
Still waiting for that Fed hammer? Will it really trigger a move this time? --- The 89 to 93 range has been stuck for so long. Looks like most people are betting on a drop. --- Black Friday? Feels like a routine shakeout, don’t overthink it. --- Patience and self-control sound nice, but in reality, it’s all about mental toughness. --- Weak Asia-Europe sessions, strong US session—this pattern is getting old. It’s tough when the late session can’t hold up. --- If you short from 92600, can it really reach 91000? My experience says don’t be too optimistic. --- Once the December rate cut decision is out, all these levels might need to be reshuffled. --- Going long if 90700 holds? I’m not so sure, it still depends on volume. --- Positioning sounds simple, but when it comes to actually trading, A-shares can leave your mind blank. --- Instead of waiting for Black Friday, it’s better to pay attention to what the Fed says at the meeting.
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