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Trump hints at Hassett as the next Fed chair, early December bottom-fishing aligns with expectations. 12.3 Bitcoin & Ethereum trading strategies
On December 3, Trump introduced Hassett at a White House meeting, stating that the potential Federal Reserve chair is right here. Internationally, Putin and the U.S. envoy Veytko held talks on the Russia-Ukraine peace plan that lasted nearly five hours. Both sides discussed several options for resolving the Ukraine issue. Putin requested the delivery of several important political messages to Trump. Russia and the U.S. reached an agreement but did not disclose the substantive content of the talks. A compromise on territorial issues has not yet been reached, but the U.S. side has released its proposal. Russian representative Dmitriev called the talks productive. The bottom-fishing strategy at the beginning of the month has met expectations: Bitcoin has already gained 600-700 points, and Ethereum, which entered at the same time, has also gained 200-300 points. Keep up and you can move your stop-loss to lock in profits!
From a technical perspective, both Bitcoin and Ethereum have posted strong bullish candlesticks, with prices breaking above short-term moving averages. The KDJ indicator is turning strongly upward, forming a golden cross, MACD lines are continuously diverging upwards, and volume is gradually increasing. Overall, the trend favors the bulls, so the intraday strategy remains to buy on pullbacks. Pay close attention to tonight’s November ADP data!
12.3 Long Position Strategy:
For Bitcoin, buy on pullbacks at 89,500-90,000. For more conservative traders, enter at 88,500-89,000; set stop-loss near 88,000. Targets are 91,000-92,000-92,500, and if this breaks, look for 93,000-93,500-94,000. Continue to move your stop-loss and secure profits as appropriate!
For Ethereum, buy on pullbacks at 2,870-2,900. For more conservative traders, enter at 2,800-2,830; set stop-loss near 2,750. Targets are 2,950-3,000-3,050, and if this breaks, look for 3,080-3,100. Continue to move your stop-loss and secure profits as appropriate!
12.3 Short Position Strategy:
For Bitcoin, short on rebounds at 93,500-94,000; set stop-loss near 95,000. Targets are 92,500-92,000, and if this breaks, look for 91,500-91,000. Continue to move your stop-loss and secure profits as appropriate!
For Ethereum, short on rebounds at 3,100-3,130; set stop-loss at 3,180. Targets are 3,050-3,000, and if this breaks, look for 2,950-2,920-2,900. Continue to move your stop-loss and secure profits as appropriate!
It seems the domestic crackdown is just like this; a total ban is impossible. Mainly because too many countries have fully opened up, and it is already well known and recognized by the public. So the crackdown is just targeting those criminal organizations. If you encounter a scam, contact the authorities immediately and strengthen your awareness of fraud prevention! #成长值抽奖赢iPhone17和周边