12.17 Concubine

The four-hour chart shows three consecutive bullish candles, but the price just touched the middle band of the Bollinger Bands and immediately faced resistance and pulled back, indicating that the bullish momentum is clearly insufficient. The Bollinger Bands remain in a downward opening pattern, and the bearish structure has not been broken, limiting the short-term rebound space.

In this pattern, the current strategy remains to short on rallies.
Pay close attention to the resistance in the 2980-3030 range. If clear resistance signals appear, consider short positions.
The first target below is around 2880. If broken, the downward space could further open, watch for 2800.

Rebounds are resistance; if strong resistance cannot be broken, the bears remain dominant. $ETH #BTC行情分析