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12.3 Wednesday Afternoon: Bulls Continue, Focus on Buying at Key Levels!
Bullish momentum continues on Wednesday, with Bitcoin posting two consecutive strong daily gains and breaking through the 90,200 resistance while still showing strength. The short-term core focus is on the Federal Reserve’s rate cut meeting on December 10. The current strategy is to follow the trend and stay flexible.
There is still room for a rebound on the daily chart. If there is a slight pullback during the European session, it will be a good opportunity to go long. Wait for a clearer trend after midnight before considering shorts. In a wide-ranging choppy market, position control is the top priority!
BTC: Go long in the 92,300-92,800 range, target 95,500. If the target is not breached, consider flipping to short at key levels.
ETH: Go long in the 2,990-3,020 range, target 3,150. If the target is not breached, look for opportunities to open short positions.