Morning outlook for December 4 (suggested 3%, 100x leverage, total position not to exceed 5%):

ETH Long: Enter long around 3147 on a wick, stop loss at 3107, no set take profit

ETH Short: Enter short around 3292 on a wick, stop loss at 3332, no set take profit

Notes:

1. The current market trend is relatively weak and will take time. Watch the resistance near 3275; you may consider a light 1% short position.

2. If the 3147 support holds, long positions below can be held above 3300.

3. Initial jobless claims data will be released tonight—pay close attention.

4. Always set your stop loss—do not hold onto losing positions, or you might not see tonight’s moon.
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