Bitcoin and Ethereum Trading Suggestions and Direction Sharing for the Night of December 6

From the current market situation, both the daily and 4-hour charts indicate that we are in a rebound recovery phase. The trading volume did not shrink when breaking through the upper resistance, which rules out the possibility of a short-term bull trap. The 1-hour chart shows that as the pullback points are rising, the market displays a strong consolidation characteristic. In the short term, the price is fluctuating above the middle band of the Bollinger Bands, and there has been a substantial breakout above the upper resistance. After multiple unsuccessful tests of the 89000 support line, the market rebounded, confirming that the short-term support is solid. Overall, the current trend is a slow upward movement within a consolidation range. Therefore, Lao Zhao’s midnight trading suggestion remains to focus on long positions above the 90000 resistance level.

Go long on Bitcoin near 90000, watch 92000
Go long on Ethereum near 3060, watch 3120 #BTC #ETH