#比特币对比代币化黄金 December 6 Morning Session|BTC & ETH Trend Analysis
From a technical perspective, the 4-hour chart has already given a clear signal. Five consecutive bearish candles have pushed the price below the 7-day and 30-day moving averages, forming a death cross pattern. More importantly, after the MACD lines formed a death cross above the zero line, the fast line has now dropped below the zero axis—this means the market is shifting from a strong to a weak channel. Selling pressure continues to pour in, and the overall market is showing a clear sense of weakness.
Looking at the hourly chart, there was indeed a rebound from oversold levels in the KDJ and RSI indicators during the early morning hours, but the strength was obviously insufficient, and the price failed to break into the strong zone. What's the problem? Volume! A rebound without volume is just a castle in the air. Market sentiment is too pessimistic right now, buyers are waiting on the sidelines, and no one dares to step in as a buyer.
For trading strategy, it's recommended to stay conservative over the weekend and follow the trend by shorting.
$BTC Reference range: You can try to open short positions around 89000-89500, with an initial target at the 88000 level; $ETH Reference range: The 3020-3040 range can also be considered for short positions, with a target near 2950.
Remember, in the current environment, don't chase the rally—short on rebounds, don't set overly aggressive targets, and focus on steady adjustments.
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#比特币对比代币化黄金 December 6 Morning Session|BTC & ETH Trend Analysis
From a technical perspective, the 4-hour chart has already given a clear signal. Five consecutive bearish candles have pushed the price below the 7-day and 30-day moving averages, forming a death cross pattern. More importantly, after the MACD lines formed a death cross above the zero line, the fast line has now dropped below the zero axis—this means the market is shifting from a strong to a weak channel. Selling pressure continues to pour in, and the overall market is showing a clear sense of weakness.
Looking at the hourly chart, there was indeed a rebound from oversold levels in the KDJ and RSI indicators during the early morning hours, but the strength was obviously insufficient, and the price failed to break into the strong zone. What's the problem? Volume! A rebound without volume is just a castle in the air. Market sentiment is too pessimistic right now, buyers are waiting on the sidelines, and no one dares to step in as a buyer.
For trading strategy, it's recommended to stay conservative over the weekend and follow the trend by shorting.
$BTC Reference range: You can try to open short positions around 89000-89500, with an initial target at the 88000 level;
$ETH Reference range: The 3020-3040 range can also be considered for short positions, with a target near 2950.
Remember, in the current environment, don't chase the rally—short on rebounds, don't set overly aggressive targets, and focus on steady adjustments.