#大户持仓变化 Recently, BTC's performance has been quite interesting. The rebound yesterday pushed the price to around $88,000, with an intraday increase of about 1.8%. From a larger timeframe perspective, the price has been oscillating between $85,000 and $88,000. On the 4-hour chart, there is some desire for a rebound, but the weekly trend still shows a downward trajectory, and no clear bottom signal has been observed yet.
If you want to trade, the short-term approach is as follows: you can try going long within the $85,000 to $85,500 range, but set your stop-loss below $84,500. If you want to short, you can build a position around $87,500 to $88,000, with a stop-loss above $88,500. The mid-term strategy is to short at the highs and go long at the lows within this range.
ETH earlier approached a key support at $2,960, even touching $2,952, but the upward momentum was insufficient, and the rebound seemed somewhat weak. From the 1-hour chart, the upper band at $2,968 is quite a strong resistance, and the oscillation pattern on the 4-hour chart is still not very clear.
In terms of trading, if you see signs of stabilization between $2,960 and $2,980, you can take a small long position with a stop-loss below $2,940. Conversely, if the price breaks below the $2,960 support, you might try shorting around $2,980 to $3,000, with a stop-loss above $3,020.
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CrashHotline
· 14h ago
The box consolidation is really annoying, feels like repeatedly cutting leeks... If BTC keeps swinging like this, there's no way to find a bottom signal, might as well wait a bit.
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TopBuyerBottomSeller
· 12-17 01:50
It's that kind of fluctuating market again, I really hate this.
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LiquidatedDreams
· 12-17 01:44
The box is oscillating in the usual pattern, and there's still no sign of a bottom signal. We really need to be cautious this time.
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ValidatorViking
· 12-17 01:38
ngl the weekly chart's telling a different story than these bounce attempts... respect the data, not the hopium. classic validator mindset – uptime matters more than noise anyway.
#大户持仓变化 Recently, BTC's performance has been quite interesting. The rebound yesterday pushed the price to around $88,000, with an intraday increase of about 1.8%. From a larger timeframe perspective, the price has been oscillating between $85,000 and $88,000. On the 4-hour chart, there is some desire for a rebound, but the weekly trend still shows a downward trajectory, and no clear bottom signal has been observed yet.
If you want to trade, the short-term approach is as follows: you can try going long within the $85,000 to $85,500 range, but set your stop-loss below $84,500. If you want to short, you can build a position around $87,500 to $88,000, with a stop-loss above $88,500. The mid-term strategy is to short at the highs and go long at the lows within this range.
ETH earlier approached a key support at $2,960, even touching $2,952, but the upward momentum was insufficient, and the rebound seemed somewhat weak. From the 1-hour chart, the upper band at $2,968 is quite a strong resistance, and the oscillation pattern on the 4-hour chart is still not very clear.
In terms of trading, if you see signs of stabilization between $2,960 and $2,980, you can take a small long position with a stop-loss below $2,940. Conversely, if the price breaks below the $2,960 support, you might try shorting around $2,980 to $3,000, with a stop-loss above $3,020.
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