#美联储重启降息步伐 Will Bitcoin and Ethereum face a Black Friday on December 5th?



Honestly, this market is really wearing on people. Prices haven’t dropped enough when they should have, and haven’t risen enough when they could have—which is when patience is really tested. If the price hasn’t hit your target, don’t rush in; if the gains aren’t ideal, don’t let go too easily. Whether you’re buying, selling, or just holding, the key is to stay calm.

These past couple of days, crypto prices have been moving in a narrow range, with volatility getting tighter and tighter. A few days ago, we saw wild swings of several thousand points, but now the bull-bear battle is at fever pitch, and the range is getting squeezed.

The rhythm hasn’t changed: weakness and bottoming out during the Asian and European sessions, then a sudden pump when the US market opens, but momentum fades toward the close—this kind of action actually gives both bulls and bears opportunities. In a trending market, guts matter; in a choppy market, it’s all about finding the right entry. Right now, there’s a repeated shakeout in the 89,000 to 93,000 range, with everyone waiting for the December Fed rate cut decision.

$BTC For trading, you can consider trying a short around 92,600–93,000, targeting the 91,000 level. If it breaks below 90,700, look toward 89,500; if 90,700 holds, you might consider flipping to go long around there. $ETH Apply the same strategy in sync with BTC’s movement.
BTC-2.05%
ETH-3.15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
CryptoCross-TalkClubvip
· 12-05 06:50
LOL, it's Black Friday again. Every week is black, how am I still alive? --- The Fed hasn't even dropped the rate cut bomb yet, but my heart's already jumped out of my chest. --- Chopping between 89,000 and 93,000 over and over? Bro, are you teaching me how to get rekt? --- Stay calm? All my calm has been ground away, now I'm just left holding my breath. --- Wait and see if 90,700 can hold? I guess I’ll just sit here and wait. --- I’d call this move the “crypto matryoshka box”—open one surprise, and here comes another. --- US market pumps, then dumps at the close. Why does it feel like I’m watching my own love life?
View OriginalReply0
SybilAttackVictimvip
· 12-05 06:50
Black Friday? Give me a break, this market is just repeatedly fleecing retail investors. Just wait patiently for a signal from the Fed.
View OriginalReply0
ForkItAllvip
· 12-05 06:35
The shakeout is way too intense, I can't hold on, guys.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)