Bitcoin's chart shows obvious changes, with the four-hour Bollinger Bands widening. When the price previously surged to around 89,500, it faced significant selling pressure at the upper band. The bullish momentum seems somewhat weak, and the price quickly retraced. Technically, the 90,500 level is a previous high, firmly capped from above. Even if the Bollinger Bands widen, the upward space is essentially blocked. Short-term breakout? Difficult. The overall situation remains dominated by the bears.
Ethereum's situation is similar, with bullish enthusiasm clearly cooling down. The current rebound is mainly a technical correction, not a trend reversal. The downtrend continues, and the rebound strength remains limited, unable to change the overall downward direction.
Midday strategy is very clear: mainly short on rebounds.
For $BTC, it is recommended to place short orders in the 89,300 to 90,200 range, with support at around 87,000 below. For $ETH, hold onto existing short positions; there's no need to adjust the positions, just wait for the market to move further down.
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SchroedingerAirdrop
· 7h ago
90500 is truly hard to break, the bulls' pressure this wave is really fierce. It's safer to short during the rebound.
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Layer2Arbitrageur
· 7h ago
ngl the resistance math checks out but you're sleeping on the liquidation cascade happening at 87k rn. already extracted ~340bps from this exact setup yesterday, watching the order flow delta between spot and perps is where the real alpha lives tbh
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LayoffMiner
· 7h ago
The 90,500 resistance level is really holding strong. The bulls are completely weak, and I bet the short positions will profit.
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MevShadowranger
· 7h ago
The bears are really aggressive this time, pushing down to 89500. It feels like the bulls are really out of steam.
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WalletWhisperer
· 7h ago
The bears are still holding strong, this rebound is just a bait.
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gm_or_ngmi
· 7h ago
Another fake rebound, the bears are still in control. If it doesn't break 90500, continue to watch for a decline.
#比特币与黄金战争 12.26 Friday midday market observation
Bitcoin's chart shows obvious changes, with the four-hour Bollinger Bands widening. When the price previously surged to around 89,500, it faced significant selling pressure at the upper band. The bullish momentum seems somewhat weak, and the price quickly retraced. Technically, the 90,500 level is a previous high, firmly capped from above. Even if the Bollinger Bands widen, the upward space is essentially blocked. Short-term breakout? Difficult. The overall situation remains dominated by the bears.
Ethereum's situation is similar, with bullish enthusiasm clearly cooling down. The current rebound is mainly a technical correction, not a trend reversal. The downtrend continues, and the rebound strength remains limited, unable to change the overall downward direction.
Midday strategy is very clear: mainly short on rebounds.
For $BTC, it is recommended to place short orders in the 89,300 to 90,200 range, with support at around 87,000 below. For $ETH, hold onto existing short positions; there's no need to adjust the positions, just wait for the market to move further down.