#大户持仓动态 BTC and ETH Afternoon Trading Analysis and Market Outlook (12/17)



As expected, the market has entered a downward channel. The high-level short position strategy provided in the morning accurately captured the market rhythm again. Friends who have already followed the layout are advised to remain patient, continue holding short positions, and wait for the market to further decline to release bearish space.

From the hourly technical chart: BTC price is repeatedly oscillating near the middle band of the Bollinger Bands, continuously testing the support at the middle band. The bearish momentum is steadily accumulating; on the MACD indicator, the fast and slow lines are about to complete a death cross, which is a typical short signal, clearly indicating that the bearish trend is about to fully unfold.

Trading suggestion: Hold short positions firmly. BTC’s recent target focuses on the 86000-85500 range; ETH’s target is around 2880-2830. The current rhythm favors the bears; friends continuing to follow should patiently wait for the price to retrace to the target area.
BTC0.38%
ETH0.44%
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CryptoSourGrapevip
· 5h ago
If only I had followed up on that short position this morning instead of sleeping in, now watching others make profits, I can only drink soup.
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ForkItAllDayvip
· 12-17 07:18
Coming back to precise timing? Honestly, this wave is quite fierce, but I still think the 86,000 level is uncertain.
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New_Ser_Ngmivip
· 12-17 07:16
Another short position and a death cross, I'm almost deaf from hearing this explanation... Accurate timing in the morning? Why am I still holding a position in a loss? Can we really trust the middle band support of the Bollinger Bands? Let's wait and see, anyway I've already entered the market. 86,000... feels a bit shaky. Is MACD really reliable? Can someone tell me?
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MEVHunterBearishvip
· 12-17 07:06
Here comes the short-selling trick again. Why do I feel like every time it's about precisely grasping the rhythm, but what’s the result?
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