#数字货币市场洞察 December 7 Afternoon Market Update

Yesterday’s market was uneventful. After climbing to 90,200 in the evening, it stalled, and this morning it plunged directly to 88,800—a 1,400-point drop. It then rebounded to around 89,200, but this rebound is just a technical correction. Don’t be fooled; the main trend is still bearish.

Technical outlook:

On the 4-hour chart, the price is sliding down along the lower Bollinger Band, which continues to move lower. The MACD remains weak below the zero line, indicating the bears are in control. The daily chart is even clearer—there’s a pronounced downtrend, and the previous rebound was quickly suppressed. With three consecutive bearish closes, bearish momentum is intensifying.

Practical strategy reference:

$BTC Consider opening short positions in the 89,800–90,300 range, targeting 87,800–88,300.
$ETH You can also short in the 3,070–3,100 range, with a target of 2,800–2,950.

Market sentiment is on the cold side—pay attention to risk management in your trades.