#以太坊行情技术解读 Bitcoin experienced a mild rebound yesterday. After the non-farm payroll data was released, volatility was limited, leaning slightly bearish, and the fundamentals remain weak. From the daily chart perspective, it has broken below the upward channel, and the weekly chart maintains a downward trend. It is necessary to monitor the fundamental developments before making further decisions.
Ethereum is following Bitcoin's rhythm; the upward channel has been broken, forming a short-term downward channel. The daily chart shows a slight head and shoulders pattern, with room for consolidation below, so we need to wait further.
**Today’s Trading Ideas:**
For Bitcoin, both the 1-hour and 4-hour charts are in unhealthy zones, and the daily chart is similar. Today is expected to maintain a sideways pattern, with significant resistance above. Support is seen in the 84,000-85,000 range, with resistance around 88,000-89,000.
Ethereum is also following a similar rhythm; the 1-hour, 4-hour, and daily charts are all in weak zones. Consolidation is the main trend, with many obstacles to breaking above. Support levels are at 2800-2850, with resistance at 3000-3050.
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CascadingDipBuyer
· 12-17 13:38
Continue to stay bearish and wait for opportunities
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BearMarketSurvivor
· 12-17 03:55
Controlling losses is key
View OriginalReply0
NFTArchaeologist
· 12-17 03:51
Market remains weak, continue to observe
View OriginalReply0
SocialAnxietyStaker
· 12-17 03:40
Staking feels pretty reassuring.
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DeFiChef
· 12-17 03:37
Continue to hold steady and wait and see
View OriginalReply0
SnapshotStriker
· 12-17 03:32
Be patient and wait for the bottom to get in the car
#以太坊行情技术解读 Bitcoin experienced a mild rebound yesterday. After the non-farm payroll data was released, volatility was limited, leaning slightly bearish, and the fundamentals remain weak. From the daily chart perspective, it has broken below the upward channel, and the weekly chart maintains a downward trend. It is necessary to monitor the fundamental developments before making further decisions.
Ethereum is following Bitcoin's rhythm; the upward channel has been broken, forming a short-term downward channel. The daily chart shows a slight head and shoulders pattern, with room for consolidation below, so we need to wait further.
**Today’s Trading Ideas:**
For Bitcoin, both the 1-hour and 4-hour charts are in unhealthy zones, and the daily chart is similar. Today is expected to maintain a sideways pattern, with significant resistance above. Support is seen in the 84,000-85,000 range, with resistance around 88,000-89,000.
Ethereum is also following a similar rhythm; the 1-hour, 4-hour, and daily charts are all in weak zones. Consolidation is the main trend, with many obstacles to breaking above. Support levels are at 2800-2850, with resistance at 3000-3050.