In the live broadcast of Three Kingdoms College: The second bottom exploration has ended, is the big cake going to cost over 100000 yuan?
Click on the link to join the meeting directly: https://meeting.tencent.com/p/7890471408 Bitcoin (BTC) intraday analysis 1. Price fluctuations and key positions On the night of December 1st, it experienced a flash crash, with prices plummeting from over $89000 to $83786, a single day drop of over 5%. The current rebound is around $86300, but there is heavy selling pressure above, and it needs to break through $88000 to ease the bearish trend. Key support level: $83788 (previous low); Resistance level: $87300-87800. 2. Technical aspects and market sentiment The daily chart shows a clear bearish trend, with the candlestick breaking through the lower band of the Bollinger Bands, and the MACD and KDJ indicators continuing to show bearish signals. The hourly rebound encounters a long upper shadow line, indicating insufficient short-term rebound momentum, and caution should be exercised against the risk of breaking through again. The market panic has intensified, with over 270000 people selling positions across the entire network in the past 24 hours, with a total amount of $985 million (mostly multiple orders). 3. Operational suggestions Short term: If you withdraw to $84000-84500, you can try to take a small position and aim for $86000-86500; Rebound to short around $87300-87800, targeting $85500. Risk control: Strictly cut losses by 500 points, avoid high leverage, and it is advisable to take light positions or wait and see. ____________________________________ Ethereum (ETH) intraday analysis 1. Linkage with Bitcoin's decline Bitcoin fell synchronously, hitting a low of $2718 on December 1st, with a intraday drop of 6.36%, and currently trading at $2805. Key support level: $2680-2750; Resistance level: 2850-2900 US dollars (upper track of the downtrend channel). 2. Technical indicators and funding aspect The hourly chart is in a downward trend, with RSI entering oversold territory, but the rebound momentum is weak and needs to break through $2950 to reverse the weakness. The MACD bar chart continues to be negative, dominated by air force power, with an increase in trading volume accompanied by a decrease in price and significant selling pressure. 3. Operation strategy Short term: retrace to the $2650-2680 range and go long, with a target of $2750-2800; Rebound to $2830-2860 short, target $2700. Stop loss suggestion: For long orders, set the stop loss below $2899, and for short orders, refer to $3089. ____________________________________ Market risk warning 1. Liquidity and leverage risk: The weekend order book is light, and high leverage positions are prone to trigger chain explosions. It is necessary to reduce positions and avoid chasing after gains and selling losses. 2. Macro bearish factors: The expectation of the Federal Reserve cutting interest rates has cooled down, MicroStrategy may sell Bitcoin, and Japan plans to adjust its cryptocurrency income tax to 20%, all of which have suppressed market sentiment. 3. Trend judgment: The short-term bearish trend has not changed, and the rebound is not a reversal signal. Blindly buying the bottom carries a high risk, and it is recommended to wait and see first. Join the Three Kingdoms College Exchange Group to receive more services: 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Official QQ group: 579358784 Tencent Meeting ID: 789-047-1408 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
