2025-12-24 20:22:24

Cryptocurrency market fluctuations are unpredictable, but careful chart analysis reveals hidden patterns—traders who know how to converse with time often find opportunities amid volatility.

In the recent market cycle, Bitcoin surged to around 87,450 during night trading before pulling back, ultimately oscillating around 86,980. Ethereum's performance appeared more fatigued, gradually climbing from a low of 2,886 in the evening to 2,937, with limited gains. According to real-time data, intraday traders secured over 1,470 points of profit on Bitcoin in this cycle, while Ethereum also gained 89 points.

From the 4-hour chart, the price remains locked within a downtrend channel, continuously testing lower support levels. Although buyers occasionally step in to resist, overall momentum is clearly weak—those rebounds are mostly technical corrections of previous declines, offering little optimistic signal to the market. The Bollinger Bands are expanding, with the middle and lower bands moving downward in sync. The candlestick pattern shows a typical "two bearish candles sandwiching a bullish candle," which usually indicates further downside.

On the 1-hour timeframe, the situation becomes clearer. Despite attempts to break upward, the price is pushed back whenever it approaches the middle Bollinger Band, indicating that this band has become a solid resistance level. The MACD shows a tentative golden cross, but the red histogram is shrinking, and the fast and slow lines remain below the zero axis, suggesting that rebound energy is nearly exhausted. The technical outlook remains dominated by bears.

Trading suggestions: Short Bitcoin around 87,800 with a target of 85,000; short Ethereum near 2,980 with a target of 2,800.

BTC0.92%

ETH0.48%

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MidnightTrader

· 9h ago

It's the same technical analysis again. I just want to ask how many people have been slapped in the face for shorting based on this approach... Really, looking at 1470 points is satisfying, but in actual trading, few can actually profit from it. Most are still shaken out haha

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New_Ser_Ngmi

· 9h ago

Here comes another set of bearish arguments. The profit potential at 1470 points sounds impressive, but how many people actually made money? Is the Bollinger Bands really that accurate? Every time it's claimed, what’s the result? It feels like technical analysis is just armchair quarterbacking, explaining patterns after the price has already moved... This round of rebound is indeed weak, but that target of 85,000 is too aggressive. Would you dare to buy the dip? How many times have we said that the bears are in control? Yet Bitcoin still rebounded. Ultimately, it still depends on the funding situation.

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fren.eth

· 9h ago

Again with the same explanation, Bollinger Bands expanding, two bearish candles with one bullish candle... I'm tired of hearing it all. I just want to know, can shorting at 87,800 really bring it down to 85,000? --- It feels like this market is just repeatedly cutting the grass, claiming there's a pattern every day, but it's really just gambling on probabilities. --- 1470 points? Just listen to it. Few actually profit from it; most are still trapped at the bottom. --- Shorting is indeed tempting, but I always feel something's off... --- So is this a paradise for bears or a trap? I can't quite tell. --- This analysis looks professional, but every time I follow the chart, I end up losing in the opposite direction... What's going on? --- Ethereum only gained 89 points and is already showing signs of fatigue? Are they planning to completely dump the market? --- I just want to ask, when will these indicators finally become reliable? --- I've seen too many instances where the resistance level gets pushed back, and the next second it breaks through—do you believe it? --- Alright, it's time to enter the market and buy the dip again.

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MevHunter

· 9h ago

It's another case of a short squeeze holding on tightly, can't keep it together anymore.

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ParallelChainMaxi

· 9h ago

Same old tricks again, Bollinger Bands, MACD, resistance levels... just listen and don't take it too seriously. Playing the "two bearish candles sandwiching a bullish candle" trick again, if these technical tools could make money, everyone would be rich by now. Profit margin of 1470 points? Sounds pretty big, but how many actually managed to get it? Bear control? I think this market is just testing retail investors' psychological bottom line. If you ask me, instead of looking at these indicators, it's better to think about what has caused the recent rise and fall of the coin.

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ForkLibertarian

· 9h ago

Once again, you're eating the short-selling package. This wave is really a bit annoying. It's a downtrend channel again, and a resistance level, same old story. 1470 points are still comfortably there, I just want to ask if this wave can break even. I'm confident in your stop-loss orders, don't get caught in another round. Although the Bollinger Bands are expanding, it feels like every time they say that, the market reverses and crashes. 87800? I don't believe you, let's see if it can break 89000 first. Ethereum's current weakness really makes me consider changing direction.

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ZeroRushCaptain

· 9h ago

It's that same "hidden pattern" theory again, and I'm so tired of hearing it. Every time the market moves, they can find a few support and resistance levels, then kindly tell us "rebound is weak." I obediently go short, and what happens? I get cut in half. Looking at the profit margin at 1470 points, I just want to laugh—those are other people's stories. My story is called "Enter early and wait for death." I've read this kind of article too many times, and in the end, it has taught me one thing: instead of studying Bollinger Bands, it's better to learn how to cut losses.

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