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Bitunix Analyst: After breaking out, BTC's pullback may constitute a false breakout. In the short term, watch the 90,000–91,000 support and 93,200 resistance levels.
BlockBeats News, December 3 — The crypto market experienced a broad rally, with BTC briefly surpassing $93,000 before quickly giving back its gains, forming what appears to be a "false breakout" pattern from a technical perspective. In the short term, the market structure has shifted to a volatile pullback, with focus on whether BTC can stabilize in the $90,000–$91,000 range, while $93,200 has become the new resistance level. On the ETF front, there was a net inflow of $58.5 million into BTC and a net outflow of $9.9 million from ETH yesterday, indicating new funds are mainly flowing into Bitcoin, while Ethereum continues a mild outflow trend. On the macro level, Trump has once again strengthened his influence over Federal Reserve appointments, announcing that the new chair nominee will be revealed early next year. He has repeatedly hinted that rate-cut advocate Hassett is his "preferred choice," and the market is rapidly pricing in a potential policy shift. If Hassett takes office, the U.S.
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