Trading Moment

: Bitcoin rebounds to $93,000, aiming for $97,000; Ethereum bulls eye a breakout above $3,200 After experiencing intense volatility, Bitcoin has made a strong rebound above $93,800. Market analysts are showing significant differences in their outlook for the future. Optimists believe that breaking through $92,000 is key to testing the $100,000 milestone, with some models suggesting its fair value is close to $270,000. On the other hand, cautious views warn of a potential pullback to $50,000, citing risk signals like slowed whale accumulation and miner shutdowns. Ethereum's price has also rebounded above $3,000, but market sentiment remains skeptical. Derivatives data shows traders are actively hedging downside risks, while network fees and DEX trading volumes have declined. Analysts predict that if key support levels are breached, Ethereum could see a deep correction to $2,500 or lower. However, if certain patterns are broken, there’s still potential for a rebound to $3,550. On the macroeconomic front, the market is closely watching U.S. monetary policy, with Trump’s plan to nominate a new Federal Reserve chair fueling expectations of a policy shift. Meanwhile, Amazon’s release of a new generation of AI chips has intensified competition in the tech sector. As of December 3, the crypto market has seen a broad rebound, with the Fear & Greed Index remaining in the 'Fear' zone. Liquidations over the past 24 hours totaled $415 million. ETF fund flows show net inflows into Bitcoin and Solana ETFs, while Ethereum ETFs saw net outflows. Today’s market highlights include the listing of the Pantera Ethereum ETF on the Hong Kong Stock Exchange and the confirmation of the target date for Ethereum’s Fusaka upgrade.