#美国非农就业数据表现强劲 December 17th, Wednesday morning session: Quick overview of BTC and ETH technicals
The market is still oscillating, with neither bulls nor bears having a clear upper hand. Looking at the daily chart, Bitcoin's candlesticks are stuck near the lower band of the Bollinger Bands, with downward space gradually opening up as the lower band continues to move down, indicating accumulating bearish momentum. The four-hour chart is even more evident, with all three Bollinger Bands slanting downward, showing a strong bearish sentiment.
Interestingly, there was a rebound in the evening, but the price was pushed down again after reaching near the middle band, indicating that the middle band has become the ceiling for rebounds. In the short term, the rebound momentum is weakening, and if the price pulls up again, the middle band remains a good shorting opportunity.
Specific suggestions: 🔹 Bitcoin fluctuates around the 87,900-87,100 range, with a target of 85,700 🔹 The small EMA is oscillating between 2,975-2,995, with a breakdown targeting 2,835
Amid the US non-farm payrolls data exceeding expectations, market sentiment still needs observation. Continue to closely monitor this key range.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
5
Repost
Share
Comment
0/400
WhaleWatcher
· 12-17 01:19
The midline has really become the ceiling, every rebound gets crushed back down. The bears are quite aggressive this round.
View OriginalReply0
MeaninglessGwei
· 12-17 00:20
Bollinger Bands show such a clear bearish structure, it feels like a shakeout is about to begin again.
Are the bears gathering strength? Then I’d better reduce my position first; if the midline can't hold, we might really see a drop this time.
Can the 87900 level still be pushed up? It feels a bit risky.
Can the non-farm payroll data exceeding expectations really save the market? I’m not so sure.
The evening rebound was suddenly crushed, it looks really uncomfortable.
Is there another support after breaking 85700? Can the elder brother give a number?
The 2835 target is a bit harsh; will the little aunt really drop this much?
The rebound ceiling is right at the midline; are we really going short this time?
Getting nervous, can I still hold in the short term?
View OriginalReply0
DegenDreamer
· 12-17 00:20
The Bollinger Bands are all squeezed, the middle band is the ceiling every day, this time it's really fierce.
View OriginalReply0
TestnetNomad
· 12-17 00:18
Bollinger Bands are starting to play tricks again. This time, the bears seem to be really aggressive. The midline acting as a ceiling all day just makes me laugh.
---
That critical level at 87900 needs to hold, or else it might drop to 85700. Still, it depends on how the non-farm payroll data turns out.
---
The wave that was hammered down in the evening showed that the rebound lacked strength. There’s still room for shorting.
---
If the breakout at 2975 on Little Auntie doesn’t hold, it will continue to oscillate. If it breaks, it’s time to run.
---
The non-farm payrolls exceeding expectations has thrown everyone off. Both bulls and bears are testing the waters.
---
It still feels like we need to wait for the dust to settle after the non-farm data. Entering now could lead to a brutal beating.
---
Has the midline really become a ceiling? Then the rebound can’t be played out freely. Better stay alert.
View OriginalReply0
GasFeeLover
· 12-17 00:14
Still lingering at the lower Bollinger Band, this bearish energy reserve is quite strong.
---
The midline has become a ceiling; every rebound gets crushed. This rhythm is a bit uncomfortable.
---
The range between 87900-87100 is really annoying to fluctuate in. Just break through to 85700 already.
---
Non-farm payroll data being good is good, but the technicals look like they are heading down.
---
If Auntie Ma breaks below 2975 and drops to 2835, there’s still a chance.
---
Neither bulls nor bears are in control; it’s just a matter of time consumption, right?
---
The evening rebound was crushed down, and this situation indeed favors the bears.
---
The key still depends on how the market reacts after the non-farm data; it’s too early to say anything now.
---
All Bollinger Bands are slanting downward, this signal is not very good.
---
The midline rebound ceiling is correct; I think so too.
#美国非农就业数据表现强劲 December 17th, Wednesday morning session: Quick overview of BTC and ETH technicals
The market is still oscillating, with neither bulls nor bears having a clear upper hand. Looking at the daily chart, Bitcoin's candlesticks are stuck near the lower band of the Bollinger Bands, with downward space gradually opening up as the lower band continues to move down, indicating accumulating bearish momentum. The four-hour chart is even more evident, with all three Bollinger Bands slanting downward, showing a strong bearish sentiment.
Interestingly, there was a rebound in the evening, but the price was pushed down again after reaching near the middle band, indicating that the middle band has become the ceiling for rebounds. In the short term, the rebound momentum is weakening, and if the price pulls up again, the middle band remains a good shorting opportunity.
Specific suggestions:
🔹 Bitcoin fluctuates around the 87,900-87,100 range, with a target of 85,700
🔹 The small EMA is oscillating between 2,975-2,995, with a breakdown targeting 2,835
Amid the US non-farm payrolls data exceeding expectations, market sentiment still needs observation. Continue to closely monitor this key range.
$BTC $ETH $ZEC