Bitcoin and Ethereum trading suggestions and direction sharing for the evening of December 6

From the current market situation, Bitcoin has been in a narrow range consolidation throughout the day, without much movement. As mentioned in the morning post, due to the weekend, volatility is not expected to be significant, so there was no timely update. Looking at the current market, the 4-hour chart for Bitcoin shows that it is still in a stage of correction after testing the bottom and rebounding. The overall trend of the Bollinger Bands remains downward, with Bitcoin currently fluctuating around the upper area of the lower band. It is currently in a rebound phase, but the momentum has not been fully released and it still appears weak. On the 1-hour chart, the Bollinger Bands continue to narrow, and there are signs of an upward trend. Bitcoin has successfully tested and broken through the 90,000 resistance level. Although it has not stabilized, the short-term trend has already changed, as previously mentioned; breaking through the 90,000 level could open up more upside in the short term. The bullish rebound trend is now confirmed, so my recommendation for tonight is to focus mainly on long positions.

Go long on Bitcoin near 90,000, target 92,000
Go long on Ethereum near 3,060, target 3,120 #BTC #ETH