#数字货币市场洞察 December 6 Early Morning Market Review: BTC and ETH Trend Analysis



From the hourly chart, the price has effectively broken below the lower Bollinger Band support. All three bands are moving downward and the gap continues to widen, a pattern that usually indicates further downside potential. Regarding MACD, both lines remain below the zero axis, and the bearish momentum bars are increasing, indicating heavy selling pressure and an overall depressed market sentiment.

Both KDJ and RSI indicators have entered the oversold zone, with a clear bearish alignment among the three lines. The rate of decline is indeed too fast, and short-term panic is spreading. However, oversold conditions often present a chance for technical correction. Switching to the 15-minute chart, KDJ and RSI show signs of turning upward, suggesting the bulls may be preparing for a counterattack.

In such an extremely fearful market, going long indeed requires courage. But an extremely oversold technical pattern is also not suitable for blindly chasing shorts. During the early morning session, the strategy leans toward buying on dips, but position size must be controlled and chasing highs should be avoided—current market volatility is intense, so stability is key.

$BTC Focus on the 88000-88500 range; if it holds steady, consider going long with a target around 91000
$ETH Watch for support in the 3100-3120 zone; a rebound target is around the 3200 level

Strategies are for reference only; trade at your own risk. The market changes quickly, so adjusting in real time is key.
BTC-1.81%
ETH-3.02%
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DaoResearchervip
· 18h ago
According to the logic of your technical analysis whitepaper, the KDJ turning red in the oversold zone essentially reflects an imbalance in market participants' incentive mechanisms—in particular, from a tokenomics perspective, panic selling has already triggered an extreme event in terms of governance. It's worth noting that the premise for the "buying the dip" thesis you mentioned is often overlooked: that is, whether liquidity providers are actually willing to maintain their orders in this price range. Judging from the data, the speed of this sell-off has exceeded the historical average for the same period, indicating that participants' risk appetite has been completely breached. However, I have to say that the argument for the 88000-88500 support level still has flaws—specifically, it lacks cross-validation with on-chain whale behavior data.
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SelfSovereignStevevip
· 18h ago
The oversold rebound expectation is pretty good, but this drop was really scary. It's better to wait for a stabilization signal before taking action.
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PumpBeforeRugvip
· 18h ago
There might be an opportunity due to overselling... Wait, no, this wave of decline is really brutal.
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MagicBeanvip
· 19h ago
It's starting to crash again. This round of selling is pretty brutal.
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fren_with_benefitsvip
· 19h ago
The story of an oversold rebound is told every year, but it's hard to say how many points it can bounce this time.
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