#ETH走势分析 Midday Observation on December 4: BTC and ETH Technical Resonance to the Upside

BTC has shown two consecutive bullish candles on the daily chart, breaking through the middle band of the Bollinger Bands. Although a doji pattern currently indicates intensified short-term bull-bear tussle, the overall upward channel structure remains intact. This kind of consolidation is actually a normal retracement within a unilateral trend and instead provides room for further momentum building.

On the 4-hour timeframe, the price has formed a textbook V-shaped reversal—bulls quickly regained lost ground at key support levels, with exceptionally active buying at the bottom and market sentiment clearly leaning bullish.

**Reference Trading Ideas** (For reference only, not investment advice)

**$BTC Strategy**
Watch the support performance in the 92300-92700 range. If this area stabilizes, consider building long positions. Short-term resistance is around 94500.

**$ETH Strategy**
3150-3170 is a key area repeatedly tested recently. If it holds, the upper target can be set around 3250.

While technical indicators provide directional guidance, markets can change rapidly. Be sure to combine real-time conditions and your personal risk tolerance when making decisions.

ETH2.75%

BTC-0.27%

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FallingLeaf

· 5h ago

Another V-shaped reversal—I'm familiar with this trick. Last time they called a V-shape, it ended up plunging instead.

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SignatureDenied

· 5h ago

Another textbook-level reversal. Every time you say this, it drops next time. I don't believe you at all.

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TokenDustCollector

· 5h ago

The Bollinger breakout setup is back again, just waiting to see if it can really deliver this time. --- A V-shaped reversal sounds nice, but I still want to wait for confirmation before making a move. --- I just can't trust that 92300 break level, it's always a classic fakeout. --- 3150-3170, it's this range again—how many times has it been tested already? --- Textbook-level reversal, and the next second it could be a textbook-level drop. --- Bulls are active, huh? Let's see how long they can hold it. --- All this talk about risk tolerance, but honestly, it's all just gambling in the end. --- I believe in this consolidation phase, but I can't believe it will go very far. --- Is 94500 really all the room we have? Feels a bit suffocating.

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Rugman_Walking