Xiang Li: December 4 Evening BTC & ETH Operations and Analysis

Currently, BTC is steadily operating within an upward channel. This afternoon, the market was basically in a sideways consolidation phase. The Bollinger Bands are all expanding upward in sync, and the opening pattern has not changed, which lays a strong foundation for BTC to accelerate its rise in the future. In the MACD indicator, the double lines are steadily running in the strong area, and the green energy bars representing the bulls continue to increase, indicating that the current buying momentum is dominating the market trend. Although the KDJ indicator has formed a downward dead cross in the overbought area, the RSI indicator has not followed suit and is still consolidating in the strong area, showing that the bulls' momentum has not been exhausted.

The overall major trend is still dominated by the bulls, but there is a risk of a technical pullback in the short term, which should be watched out for. For evening operations, it is still recommended to stick with buying on dips rather than blindly chasing highs!

BTC can go long in the 93000-93500 range, with a target near 95000.
ETH can go long in the 3170-3200 range, with a target near 3270.
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