Interpretation of Flight Information on the Morning of December 3rd

The Bitcoin long cycle is in a bearish trend, with a decline that was less than expected. Instead of experiencing a strong acceleration in the drop, it has been primarily affected by the decline in the U.S. stock market. From this perspective, it can be considered that the short-term market is not as weak as imagined.

From a technical standpoint, the two 2B tests in both small and large cycles can be seen as temporary signals for stopping the decline, indicating that the market has a demand for a rebound.

Operational Advice:

For Bitcoin, the target is around 80,500 with a goal of an increase of over 20,000 dollars.

For altcoins, the target is around 1,850 with a goal of above 3,000.