2025-12-30 01:21:15

Bitcoin's recent downside momentum continues to be released, with the bearish forces clearly warming up, and control has completely shifted to the bears. From the four-hour chart, the price is being suppressed below the middle band of the Bollinger Bands, repeatedly attempting to break through but failing, with the bulls showing little sign of strength, while the continuation of the bears' momentum is gradually strengthening.

The MACD indicator has formed a clear bearish divergence downward pattern, with the fast and slow lines crossing downward and continuing to decline. The green energy bars are significantly expanding, indicating very fierce bearish momentum. In the short term, the rebound space is limited, and the middle band position has become a key resistance point.

The subsequent trading strategy remains unchanged. The main approach is to short on rallies, relying on resistance levels for positioning, with the ultimate target focusing on the previous support levels and the lower band of the Bollinger Bands.

Specifically, Bitcoin can consider short positions in the 87500-87800 range, targeting around 86000; Ethereum can short in the 2940-2960 range, with a target near 2850.

BTC-2.35%

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WenMoon42

· 5h ago

The short squeeze is really fierce this time, the bulls are almost out of options. It's the same old story of shorting on rallies, gotta follow this pattern. Try shorting at 87,800 and see if it can drop to 86,000. The MACD death cross is so obvious, it's definitely time to defend. Feels like I'm going to be trapped again today, so annoying. Ethereum also has to fall along, let's see if it hits 2850. The bulls are dead, everyone accept it. The middle band of the Bollinger Bands can't hold, the probability of going down is indeed high. This time, the bears are really in the lead. Shorting on rallies is correct, just see how long it can hold out.

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SandwichVictim

· 5h ago

Starting to talk about bearish narratives again, I'm tired of this explanation.

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BearMarketBuyer

· 5h ago

Here comes the bearish talk again. Are the bulls really out of options this time?

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WagmiAnon

· 5h ago

The bulls got crushed again, this is the current rhythm The bears are really fierce this time, even the middle band of the Bollinger Bands can't hold I need to consider the 87800 short position, but I still feel it might drop further Ethereum at this level, it still feels like there's no bottom It's another round of shorting on rallies, I'm exhausted, when will it rebound The green energy volume bars have increased, it’s indeed a bit fierce Can 86000 really be reached? It feels too uncertain Will 2850 come true? I’m a bit skeptical If this rhythm continues, I need to wait before taking action

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