#美联储恢复降息进程 Market data observation on the afternoon of December 1:

The judgment from the morning session has basically been fulfilled - a continuous decline without stopping, hitting a low of around 85500. This wave of decline has allowed many to gain a profit margin of 1500 points.

Now looking at the 4-hour chart, the price has already broken through the lower Bollinger Band, and there is still a momentum to continue moving downwards. Moving average system? Whether it's MA or EMA, they are all pressing down hard, and the bulls can't lift their heads at all. From a technical perspective, there are no obvious reversal signals, and with such large fluctuations, be sure not to rush to buy the dip.

How to operate?
For Bitcoin, consider shorting in the range of 86500 to 87500, with targets around 85500 and 84500. If it breaks below 85000, just hold on.

The same applies to the second pancake; you can position a short order between 2840-2870, looking down at 2810 and 2780. If it breaks 2800, just continue to hold. $BTC
The expectation of interest rate cuts from the Federal Reserve has risen again, which has a significant impact on market sentiment. Everyone is closely watching the movements in the macroeconomic landscape.