#ETH走势分析 Afternoon Market Observation on December 6—BTC and ETH Short-term Strategies

From a technical perspective, the current market situation doesn’t look great. The candlestick chart has shown an Evening Star pattern, which is a topping signal, and the moving average system has completely broken down, with all short- and mid-term moving averages arranged in a bearish alignment, and even a death cross has appeared. The combination of these signals indicates that bullish momentum is quickly fading.

Interestingly, however, market sentiment isn’t particularly panicked. Volatility indicators show that we’re in a normal range, investor sentiment is relatively neutral, and there aren’t strong external macro disturbances. In this case, even though the technicals clearly point to a bearish outlook, the likelihood of a crash may not be that high—it’s more like a measured pullback.

Currently, BTC is facing resistance from the moving averages around $90,500, which happens to be a key resistance zone. If there’s another rebound, it’s likely to face pressure again in this area. The major support below is at the $80,600 level, which is the critical defense point to watch next.

From a trading strategy perspective, since the moving average system has confirmed a downtrend, it’s safer to go with the trend. Personally, I lean toward shorting on rallies:

For BTC, look for short opportunities in the $89,700–$90,500 range, targeting $88,500–$88,000; for ETH, consider opening shorts around $3,040–$3,060, with a target zone of $2,980–$2,950.

Of course, actual trades should be based on real-time price action and strict stop-loss settings. Technical analysis only provides a probabilistic edge, not a 100% guarantee.