BTC and ETH Market Analysis on December 8:

The four-hour level shows a continuous downtrend, and the current trend indicates clear signs of major players offloading. The daily chart forms a double top pattern, releasing a clear bearish signal.

Key resistance range: 11900-12100 (focus on the 12000 level)

Support level: 11800 (if broken, look to the 11650 defensive level) Expect a rebound followed by a drop during the day, with a key focus on the strength of the rebound.

ETH Trend Analysis:

ETH shows relatively strong performance, short-term support level: 4150 (key support for the day) secondary support range: 3900-4000.

Upper pressure: 4400 (difficult to stabilize after breaking through)

The four-hour level maintains volatility; if a new high is made during the day but cannot stabilize at 4400, it will form a daily level top signal.

Operational advice is to remain on the sidelines, and look for opportunities to set up short positions after confirming the top.

Altcoins:

Currently, the altcoin market has three major concerns:

1. Overall performance is weak, with no broad upward trend.

2. Lack of hot narratives to drive capital inflow.

3. Rotation trends are still unclear.

We need to strictly control position risk, avoid blindly chasing highs and selling lows, and be wary of excessive speculative sentiment in the market.

Brothers who are unclear about their trading direction recently can (click on the profile picture) reach out to me at any time for one-on-one answers to your operational questions! #比特币市值超越亚马逊 #加密总市值创历史新高 #ETH突破4300