2025-12-17 05:00:17

Wednesday, 12.17 Bitcoin and Ethereum Intraday Observation

The market is entering a correction cycle as expected, with signals of bullish and bearish forces switching becoming increasingly clear. The high-level short suggestion from yesterday's morning session finally paid off—once again, a precise timing. For friends who have already opened positions as planned, my advice is to hold on and not rush to close, wait for the market to continue downward, as there is still room for further decline.

From the hourly chart, the price is oscillating around the middle band of the Bollinger Bands, repeatedly testing the support at the middle band, indicating that the bearish momentum is gradually building.

Bitcoin: Range of 87,200-87,500, currently around 86,000

Ethereum: Between 2,970-3,010, current price 2,800

#大户持仓变化 $BTC $BNB

BTC-0.51%

ETH0.35%

BNB-1.26%

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OnchainDetectiveBing

· 15h ago

That short position from yesterday was really perfect, I got caught again. Keep pushing it down, there's still hope. It's the same Bollinger Band middle line trick, this move never fails. There's still time to dip further. Below 80,000? This pace feels off. Damn, got caught again. How are they always so accurate? Waiting for a new low to be broken. Hold on tight and don't panic.

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ValidatorViking

· 15h ago

ngl the midline bouncing feels textbook, but consensus hasn't finalized yet on which way this actually breaks... watched too many validators get slashed betting wrong on these inflection points

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BlockchainArchaeologist

· 12-17 19:08

Here we go again. The current short accumulation is quite interesting. Yesterday's advice indeed hit the mark. Wait, can ETH at 2800 really go lower? It feels like it has already dropped enough. Holding on might get you trapped... But on the other hand, this repeated testing of the middle band of the Bollinger Bands does tend to amplify volatility. If it breaks below later, there might really be room to move.

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CryptoGoldmine

· 12-17 05:28

The middle band of the Bollinger Bands is repeatedly tested, and this rhythm is quite interesting. Looking at the mining data from the past 30 days, when the difficulty adjusts to this level, it actually becomes a window for accumulating chips. There is still room for further release, and this judgment is quite good. From the perspective of hash rate to reward ratio, the ROI cycle for building positions now looks much better than at higher levels.

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OnChain_Detective

· 12-17 05:24

ngl this breakdown's hitting different... pattern analysis suggests those support levels are textbook bear traps waiting to happen tho. flagged this exact wallet clustering on similar dumps before, always ends messy.

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TommyTeacher

· 12-17 05:18

Wow, coming in with precise timing again? I feel like you're a post-event strategist haha. Keep holding on, it sounds easy, but when the price drops, you still have to bear the psychological pressure. This is when your resolve is truly tested.

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QuorumVoter

· 12-17 05:17

Here comes another precise timing. This time, the feeling of short-term accumulation is indeed different. Wait, can the 86,000 level still be broken down further? Need to carefully check what support is ahead. Ethereum at 2800 feels a bit weak. Can't it break back above the 2970-3010 range?

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AirdropGrandpa

· 12-17 05:17

Here we go again with the storytelling. How's that "precise timing" from yesterday now? Wait, it's really dropped to 86 now, but I'm a bit doubtful whether it can continue to go down this time.

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