#比特币对比代币化黄金 December 5, Friday, $BTC and $ETH Early Session Trend Analysis

Let's start with the hourly chart. After a surge, prices showed signs of a pullback, but the downward momentum isn't strong. Bearish strength is gradually contracting, and moving averages are beginning to turn up slightly—this suggests a rebound may occur in the short term. However, I personally do not expect this rebound to continue rising significantly, so my strategy leans toward shorting on rallies.

Now let's look at the four-hour timeframe. After the price pulled back, the middle band provided some support, but the subsequent small uptick and drop opened a downward channel after the range narrowed. Bulls are clearly weak, volume is shifting to the bears, and moving averages are starting to turn down. In the near term, we are likely to see a continuation of wide-range consolidation, with further downside potential. It's just that the pace of short-term moves is relatively slow and the intensity is limited. Based on this assessment, we will continue to operate within the consolidation range, focusing on shorting opportunities at higher levels.

Specific trading ideas:
For Bitcoin, consider setting up short positions in the 92500-93000 range, targeting 91000-90000.
For Ethereum, 3140-3180 is an ideal shorting zone, with a downside target of 3100-3140.

Remember to manage your risk, as market volatility can exceed expectations at any time.