Xiang Li: December 2nd Midnight BTC ETH operations and analysis Daily summary

The intraday trading is about to end, showing a generally upward trend. The daytime was relatively flat, but there was a sudden surge in the evening. BTC faced pressure at 83786 and rose all the way to a high of 91200, currently consolidating around the 91000 mark. ETH followed BTC's trend, starting from 2718 and climbing to 3026, currently hovering around 3000. In the afternoon session, with both sides having opportunities, I decisively placed an orange BTC 2 option, gaining a total of over 1573 points.
As mentioned throughout today, the important threshold for BTC is 87500 and for ETH is 2850. If these levels are broken and stabilized, then Qiegao will definitely be able to explore new resistance levels. The current rise of Qiegao indeed confirms the break of the key nodes mentioned today. From the current 4-hour chart, Qiegao has strongly broken through the key resistance level, and the Bollinger Bands have shifted from downward to opening upward, with the middle band leveling off and starting to turn, confirming the reversal of the short-term descending channel. The MACD has formed a golden cross below the zero line, showing that buying pressure is continuously flowing in, and the rebound momentum is accumulating; in the KDJ, the J line has quickly entered the overbought zone, reflecting a surge in short-term bullish sentiment with rapid upward momentum. At the same time, the trading volume and Qiegao's price movement are in sync, indicating that the current rise is healthy and not a technical correction.
The overall structure has currently shifted to a sideways pattern, so during the early morning hours, go with the flow and make a move!
BTC: 90500-91000 Oh, look at 93000
ETH: 2970-3000 just see 3100

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