December 4th BTC, ETH. Will upgraded ETH become a dark horse?

ADP employment data decreased by 32,000. Judging from the data, it is clear that the US job market is accelerating its deterioration. Coupled with the data vacuum caused by the US government shutdown, the impact of the ADP (small nonfarm) data will be amplified. Looking at this year's economic environment, whether it's the impact of Trump's tariff trade war or the Fed's slow rate cuts leading to continued worsening employment data, it all means the US job situation is deteriorating further. Clearly, this will push the Fed to cut rates faster in the future, heating up market rate-cut expectations and driving sustained rises in cryptocurrency prices.

The market is like rowing against the current—if you don't advance, you retreat. On the 1st, I emphasized a bullish outlook for Bitcoin, which has risen nearly 10,000 points from the lowest around 84,000. On the 2nd, I suggested longing at 86,350 to target 90,000. Yesterday, I publicly posted a static long at around 91,900, and during the evening livestream, a live long order at 92,100 to target 93,500 was similarly clear and straightforward.

Currently, BTC is in a range-bound consolidation. On the 4-hour chart, the price is running above the BOLL middle band, with short-term moving averages trending upward and a bullish engulfing pattern, showing some rebound momentum. However, extremely low trading volume is limiting the upside, and most of the market is currently in a wait-and-see mode.

BTC operation suggestion: Long at 92,400-92,900, target 94,600; if breakout, look for 95,600-96,300.

ETH operation suggestion: Long at 3,165-3,176, target 3,260; if breakout, look for 3,330$BTC $ETH #今日你看涨还是看跌？ #十二月行情展望