#以太坊行情技术解读 Ethereum and Bitcoin Morning Market Trend Review
Yesterday's market movement was quite interesting. Bitcoin retraced from the high of 88143, dipped to a low of 87015, then stabilized around 87900. Ethereum's pace was similar, falling from 2974 to a low of 2901, then rebounding back to around 2960 in the morning. This series of moves resulted in a combination of one short and one long position, which was somewhat rewarding—Bitcoin gained over 2000 points in the entire cycle, and Ethereum also made a profit of 98 points.
Looking at the four-hour chart, the situation is quite intriguing. After three bullish candles, the rebound hit the middle band of the Bollinger Bands, where resistance started to appear. Although there was a rebound after a pullback, considering the overall trend pattern and the downward-opening shape of the Bollinger Bands, it will be difficult to break through this middle band resistance later on. In simple terms, the trend still leans towards bearish. Switching to the one-hour chart, the price retreated after touching the upper band and is now in a slow consolidation phase. The MACD histogram clearly shows bullish momentum shifting from expansion to contraction, and both KDJ and RSI are beginning to turn downward. These signals combined suggest that the early morning trading strategy should maintain a high short position outlook.
Specific trading suggestions: $BTC: Consider short positions in the 88000-88500 range, targeting the 86500-86000 zone. $ETH: Short positions around 3000, with targets locked in at 2850-2800.
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WalletWhisperer
· 11h ago
The explanation about the middle band pressure in Bollinger Bands is quite insightful; indeed, the bearish pattern is not that easy to break.
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FrontRunFighter
· 12-17 00:10
nah bro, that bollinger squeeze is textbook manipulation setup tbh. someone's definitely painting those candles to trap retail before the real dump. the energy shift on macd? classic mev extraction pattern i've seen a thousand times. they're squeezing liquidity up top then sandwiching the shorts... fair markets don't exist here fr fr
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ForkThisDAO
· 12-17 00:08
The middle band of the Bollinger Bands is under strong resistance. This wave is indeed dominated by the bears. Short positions can be initiated around 88,500 to follow the trend.
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Whale_Whisperer
· 12-17 00:01
The middle band of the Bollinger Bands is a hurdle, feels like we're about to grind through it again. The bears still have enough momentum.
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AmateurDAOWatcher
· 12-16 23:41
The middle band of the Bollinger Bands is also a hurdle; the bearish momentum is quite strong. It feels like 3000 might break.
#以太坊行情技术解读 Ethereum and Bitcoin Morning Market Trend Review
Yesterday's market movement was quite interesting. Bitcoin retraced from the high of 88143, dipped to a low of 87015, then stabilized around 87900. Ethereum's pace was similar, falling from 2974 to a low of 2901, then rebounding back to around 2960 in the morning. This series of moves resulted in a combination of one short and one long position, which was somewhat rewarding—Bitcoin gained over 2000 points in the entire cycle, and Ethereum also made a profit of 98 points.
Looking at the four-hour chart, the situation is quite intriguing. After three bullish candles, the rebound hit the middle band of the Bollinger Bands, where resistance started to appear. Although there was a rebound after a pullback, considering the overall trend pattern and the downward-opening shape of the Bollinger Bands, it will be difficult to break through this middle band resistance later on. In simple terms, the trend still leans towards bearish. Switching to the one-hour chart, the price retreated after touching the upper band and is now in a slow consolidation phase. The MACD histogram clearly shows bullish momentum shifting from expansion to contraction, and both KDJ and RSI are beginning to turn downward. These signals combined suggest that the early morning trading strategy should maintain a high short position outlook.
Specific trading suggestions:
$BTC: Consider short positions in the 88000-88500 range, targeting the 86500-86000 zone.
$ETH: Short positions around 3000, with targets locked in at 2850-2800.