#美国证券交易委员会推进数字资产监管框架创新 In recent days, Bitcoin's price movement has attracted the attention of many traders. From a technical perspective, there are several signals worth noting.
On the 4-hour chart, a long upper shadow indicates significant resistance from the northbound side, but the trading volume lacks follow-through, which often signals a weakening of upward momentum. More importantly, the price has been oscillating around the 21-day moving average for over ten days, which is not favorable for the bulls—once the support below fails, a decline to the same level may follow. Aggressive traders are even watching the 105,000 short entry point.
Short-term trading suggestions: Consider shorting in the 88,000-88,600 range, with a stop-loss set at 89,200. Key support levels below are around 86,500, 85,000, and 84,000. Market sentiment remains cautious, and the adjustment pressure of $BTC still exists.
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Ser_Liquidated
· 12-16 23:43
It's the same old story, the trading volume can't keep up, I knew it was going to drop.
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Entered at 88,000, feeling like it's about to get hammered again, so annoying.
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Brothers, don't be greedy anymore. If the support breaks below 85, there's no bottom.
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This wave is really under a lot of pressure; it's safer to stay on the sidelines in the short term.
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Damn, messing around at the moving average again, I had a premonition it was going to drop.
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That 105,000 level feels like a sickle, don't be fooled.
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RooftopVIP
· 12-16 17:19
Short 88,000? I think it's risky. With such poor volume, how dare they take action?
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GateUser-00be86fc
· 12-16 17:18
88,000, go all in, betting this drop to 85,000, but the trading volume doesn't seem quite right.
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pvt_key_collector
· 12-16 17:07
Starting this whole routine again, do you really want to run when the upper trendline is this long? I don't think so.
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Are the 88,000 people panicking now? Haha
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The 21-day moving average has been stuck for over ten days. Is it really going to break this time?
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Wait, is that 105,000 point trying to laugh at me? Haha
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Honestly, with such poor volume, there's no point in going up.
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Here comes another round of cautious market sentiment, I've seen it hundreds of times.
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Can we reach 84,000? I'm a bit worried.
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Stop loss at 89,200... this setup is a bit tight.
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Every time, they say the adjustment pressure is high, but what's the point of adjusting?
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The insufficient trading volume is really disheartening.
#美国证券交易委员会推进数字资产监管框架创新 In recent days, Bitcoin's price movement has attracted the attention of many traders. From a technical perspective, there are several signals worth noting.
On the 4-hour chart, a long upper shadow indicates significant resistance from the northbound side, but the trading volume lacks follow-through, which often signals a weakening of upward momentum. More importantly, the price has been oscillating around the 21-day moving average for over ten days, which is not favorable for the bulls—once the support below fails, a decline to the same level may follow. Aggressive traders are even watching the 105,000 short entry point.
Short-term trading suggestions: Consider shorting in the 88,000-88,600 range, with a stop-loss set at 89,200. Key support levels below are around 86,500, 85,000, and 84,000. Market sentiment remains cautious, and the adjustment pressure of $BTC still exists.