#比特币流动性 December 25th midday observation: Bears continue to exert pressure
Bitcoin yesterday rose from 86,500 to 88,000 but did not continue upward, then declined steadily. The resistance line gradually moves downward, and traders long are clearly losing enthusiasm. Looking at the 4-hour chart now, the downward pattern is very clear—the Bollinger Bands have opened downward, and after the price broke below the middle band, it has been hugging the lower band. The MACD also formed a death cross with increased volume, indicating a strong bearish move. The next move is likely to be weak consolidation or further decline.
Trading strategy:
Bitcoin: A rebound within the 87,800-88,300 range can be shorted, with the first targets at 86,000-85,500. If this support breaks, continue holding the short position.
Ethereum: Short near 2,970-2,990 on rebound, with targets at 2,800-2,850.
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ProveMyZK
· 10h ago
When the Bollinger Bands open downward, you know it's time to run. This wave of bearishness is indeed fierce, and I have already reduced my position.
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TokenomicsPolice
· 10h ago
Are the bears so fierce? I want to short again at the 88,300 rebound, but I'm afraid of getting squeezed back.
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RumbleValidator
· 10h ago
Bollinger Bands opening downward, MACD forming a death cross with increasing volume; this rhythm is on point, and the bears indeed hold the upper hand.
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BoredStaker
· 10h ago
Bollinger Bands are opening downward. This time, it's really going to crash. 88,000 didn't hold, and the bears are exerting too much pressure.
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PoetryOnChain
· 10h ago
The Bollinger Bands are all open. This bearish wave is indeed fierce. If it can't break below 88,300, I'll continue to buy the dip.
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DataOnlooker
· 10h ago
The Bollinger Bands are opening downward. This bearish trend is quite aggressive... It feels like it's about to break the support again.
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BlockchainArchaeologist
· 11h ago
The Bollinger Bands opening downward is indeed a bit fierce. If we can't hold the 88,000 level, it's over.
#比特币流动性 December 25th midday observation: Bears continue to exert pressure
Bitcoin yesterday rose from 86,500 to 88,000 but did not continue upward, then declined steadily. The resistance line gradually moves downward, and traders long are clearly losing enthusiasm. Looking at the 4-hour chart now, the downward pattern is very clear—the Bollinger Bands have opened downward, and after the price broke below the middle band, it has been hugging the lower band. The MACD also formed a death cross with increased volume, indicating a strong bearish move. The next move is likely to be weak consolidation or further decline.
Trading strategy:
Bitcoin: A rebound within the 87,800-88,300 range can be shorted, with the first targets at 86,000-85,500. If this support breaks, continue holding the short position.
Ethereum: Short near 2,970-2,990 on rebound, with targets at 2,800-2,850.
$BTC $ETH $BNB
Recently, technical indicators favor the bears, so caution is advised in the short term.