The strategy of using the "Kongdan" entry point for Bitcoin/Ethereum today resulted in immediate stop-loss triggers, a chilling blow like a bucket of cold water on a winter's day. The previously emphasized resistance levels of 88500-89000 and 2850-2870 were decisively broken, triggering stop-loss orders. Currently, the price has risen to around 91200 and 3020 in the evening, with a very clear upward trend. There's no need to chase the price higher here; the resistance from the previous days remains. We'll wait for the bulls to finish their sell-off overnight before assessing the pullback strength. If the price rallies further, we can continue using the "Kongdan" entry point, focusing on the resistance levels of 91500-92000 and 3020-3050. Evening trading suggestions: Bitcoin: Continue to short at the current price of 91200-91600, with a target of 890000-88000; Ethereum: Continue to short at the current price of 3020-3040, with a target of 2940-2880, and further targets of 93000 and 3080.
Liang Qiu: Bitcoin/Ethereum Trading Strategy and Market Analysis (December 3rd)
2025-12-02 16:18:49
Share
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact
About MyToken:https://www.mytokencap.com/en/aboutusArticle Link:https://www.mytokencap.com/en/choicenews/2914041.html