Ming Ge's analysis and trading strategy for BTC/ETH on December 2nd (Tuesday) during the afternoon session
Core Technical Interpretation
From the perspective of the four-hour cycle technical structure, BTC/ETH prices are operating within a horizontal consolidation channel. After a previous dip, the weakness could not continue, and an effective rebound trend was formed immediately. In terms of volume, the previous phase of reduced volume adjustment has completed the chip turnover, and the current volume structure has clearly shifted towards bullish expansion; the moving average system shows a consistent upward divergence pattern. The short-term bullish force has completed the recovery of key resistance and achieved effective breakthroughs, with the upper upward channel about to fully open.
From the analysis of short-term trading rhythm, the price stabilization upward trend has been confirmed and extended, with volume continuously arranged in a bullish dominant expansion pattern. The upward space in the short-term running channel is fully opened, and the moving average indicators are synchronously turning upward. Although there are slight fluctuations during the session, fundamentally, they represent a stabilization process before the breakout, making subsequent high breakthroughs a high-probability trend. Therefore, the core trading idea for the afternoon session is to primarily layout long positions at low levels.
Specific Operation Suggestions
Bitcoin (BTC)
Entry Range: 86000 - 86500
Target Range: 87500 - 88500
Ethereum (ETH)
Entry Range: 2760 - 2790
Target Range: 2850 - 2900
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