Xiang Li: Midnight on December 6, BTC and ETH Operations and Analysis

The recent roller-coaster-like market move was truly baffling. It seems like something has changed, but at the same time, maybe nothing has changed. However, in the midst of an otherwise uneventful day, a very clear message has emerged: BTC at 90,000 and ETH at 3,050 are the key levels that will determine tonight’s direction. As long as these levels aren’t broken and held, the market is destined to trend downward tonight!

For BTC, consider entering short between 89,500-90,000, targeting around 88,000.

For ETH, consider entering short between 3,020-3,050, targeting around 2,980.

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