Will BTC and ETH Stage a Black Friday on December 5th?

With market uncertainty and prices not yet low enough, you need to resist buying; if prices haven’t risen enough, you need to resist selling. Whether you’re buying, selling, or holding, patience and self-control are essential.

Yesterday, coin prices experienced small-range fluctuations, and volatility is decreasing. In the past few days, there were swings of several thousand points, but as the tug-of-war between bulls and bears nears its end, the trading range is continuously narrowing.

The rhythm between bulls and bears remains unchanged: weak consolidation during the Asian and European sessions, a quick rally before and after the US session, and no follow-through at the close. This gives both sides equal opportunity. Trending markets require courage, while ranging markets are all about finding the right position. Expect more wash trading between 89,000 and 93,000; let’s wait for the final decision on a Fed rate cut in December.

BTC trading suggestion: Short at 92,600–93,000, target around 91,000; if it breaks below 90,700, look for 89,500. If 90,700 holds, consider going long nearby. $BTC #今日你看涨还是看跌？