December 1st Bitcoin Ethereum market analysis

Bitcoin accelerated its decline after falling below the 90,000 mark, with market concerns that the Bank of Japan might unexpectedly raise interest rates (the current probability of a rate hike is already higher than maintaining the rate), leading to collective pressure during the Asian trading session. Ethereum was even more severely impacted by the external market, directly falling back into the bullish OB range on the 4-hour level, necessitating close attention to the strength of the support zone at 2700-2660. The liquidity crisis and policy uncertainty are resonating together.

Trading advice: Continue to hold the short position at 93000 $BTC