The recent market performance is quite interesting - Bitcoin seems to be a bit weak, while gold and silver continue to strengthen, and the US stock market is also rising quite happily. In contrast, BTC's performance does seem less than ideal.



**Bitcoin Trend Analysis**

From the 4-hour chart, Bitcoin has failed to hold the key level of 90,000 USD. Although there have been multiple attempts to pull back, every time it encounters resistance, it quickly falls back. Currently, the price has returned to the consolidation range, and it seems that a correction is still needed in the short term. The chart has already shown an ascending wedge, and the death cross at the high has also been confirmed. Once it breaks below 87,000, it is estimated that the next step will be to test the support at 85,000.

From a longer-term perspective, a truly strong market might not emerge until January. If you are holding spot positions now, it's just a matter of patiently waiting; there are no better alternatives.

As for shorting, it no longer has much cost-effectiveness — the previous low has been tested multiple times without breaking, and the risk-reward ratio is not very favorable. On the contrary, it's more practical to long on the pullbacks, and it's recommended to place orders around 8.5.

**Ethereum's Range Strategy**

I have been treating ETH as a range-bound fluctuation during this period, playing around in the range of 2950 to 3070.

If you want to go long, there are two strategies: If the price can break through the 3070 area, then you can consider going long around 2950, but you need to wait for a confirmation signal from a rebound closing. Set the stop loss just below 2950, and target between 3250 and 3450.

In terms of short selling, once the price falls below 2950, it will indicate that 3070 itself is a sign of resistance to the rebound, and losing this range may trigger an accelerated decline.

**BEAT continues to make efforts**

BEAT has clearly entered an accelerated rising phase on the 4-hour level, and today's performance continues this rhythm...

Personal opinions do not represent investment advice; good risk management is the key.
BTC-0.42%
ETH-0.47%
BEAT-13.54%
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