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#数字资产代币化浪潮 Evening Bitcoin trend observation



Today, when the price reached 95900, it started to pull back. To be honest, the rebound from 93000 to this point is more of a technical rebound after an oversold situation—there's no substantial positive news, and institutional funds haven't really entered the market. Is it possible to reverse the downward trend with this wave? Difficult.

Looking at the 4-hour level, the moving averages are clearly pressing down on the price, with the MA20 line holding it firmly. Additionally, the expectations of a rate cut by the Federal Reserve in December are cooling down, and the dollar's liquidity is also tightening, making the bulls somewhat weak. Next, it is highly likely that we will continue to grind, and the support level at 93000 may need to be tested again. If it cannot hold, it would not be surprising to go back and fill the gap at 92000.

You can consider looking for opportunities to place short orders in the range of 96000-96500 for Bitcoin, with an initial target of 94500, and if that breaks, then look at 93500.

In terms of Ethereum, the range of 3210-3255 can be considered for shorting, with the first target at 3120. If it breaks below this level, 3100 is also worth paying attention to.

$BTC $ETH
BTC-3.23%
ETH-2.85%
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BloodInStreetsvip
· 11h ago
Are we doing this again? You're starting to tell stories before the institutions have entered the market. This wave of rebound is just to lift the retail investors.
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FrogInTheWellvip
· 11h ago
Here comes the short order again, this rebound really is just a dead cat bounce, the signal that institutions haven't entered the market is too obvious. --- The MA20 is really oppressive, if we can't hold 93000 this time, we'll have to wait for the pit at 92000. --- Simply put, we are just waiting for the Fed to engage in point shaving, once liquidity warms up, everything will be easier to say, and now the layout for short orders is nearly enough. --- For Ethereum, I also see a bearish trend if it breaks 3120, but to be honest, the signals are still not clear enough, let's wait and see. --- The delayed entry of institutional funds is a big problem, relying on retail investors for a rebound? No way. --- I've already placed short orders at 96000-96500, just waiting for it to come to me.
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GoldDiggerDuckvip
· 11h ago
Are we going to test 93000 again? If this drags on, the institutions really have no interest. Where has the institutional capital gone? Are they all waiting for a Plummet? The MA20 is firmly pressing down, this pattern is indeed uncomfortable, we need to maintain our mindset for the short order layout.
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GateUser-a180694bvip
· 11h ago
It's another rebound slap in the face; if we can't hold the 93000 level, it really is a panic.
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CryptoSurvivorvip
· 11h ago
Institutional players not entering means this rebound is fake, I've seen through it long ago. --- MA20 is pressing down hard, I've seen this method too many times, don't believe in any technical rebounds. --- I've already made my move at the 96500 position, just waiting for it to break 93. --- As soon as the Fed cools down, long positions will have no chance, it's too realistic. --- The 92000 gap needs to be filled, the probability is too high, a bit scary. --- Ethereum below 3100 is the real opportunity, now holding coins is just waiting to cut loss. --- It's always like this, treat rebounds as selling points, there's nothing good to expect. --- Short orders have been placed, just watching how deep it can fall this week.
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