#以太坊行情解读 December 17th, Wednesday Bitcoin and Ethereum Evening Market Observation
Looking at the four-hour Bollinger Bands, the channel is continuously contracting downward. $BTC has attempted multiple times to break through the 88,500 resistance level but has been pushed back each time. This indicates that the selling pressure above is indeed significant.
Currently, the support relies on the 85,000 level holding firm, and the market is likely to test how strong this level really is.
Tonight's trading strategy remains primarily to go short at higher levels, with long positions as a backup. Since the price is currently below the range, it might be better to wait and see for a rebound opportunity.
Bitcoin: 87,200-87,500 is the reference range Current price: 85,500
Ethereum: 2,980-3,010 is the reference range Current price: 2,800
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PerpetualLonger
· 12-17 12:20
Is it time to test support again and again? Testing every day and breaking every day. Can 85,000 really hold this time? I bet it can.
The bottom-fishing opportunity is here. I've decided to go all-in and add more. Anyway, since I've already lost so much, might as well take a gamble.
That resistance at 88,500 is really annoying. The bears are guarding there, waiting for us to cut losses.
Low buy options? No, I must go all-in. Missing this position means it's gone. Faith is faith, but I still need to add to my position.
If I don't get on now, it'll be too late once the rebound recovers my losses. I feel this drop is the last chance to bottom-fish.
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WhaleSurfer
· 12-17 12:18
This selling pressure is really fierce; 88500 has been hammered into paper.
The 85000 level really needs to hold, or else it will plunge again.
Wait for a rebound to buy some low dips, don't be greedy.
Ethereum is only at 2800 and still wants to push to 3000, it's difficult.
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AltcoinMarathoner
· 12-17 12:18
just like mile 20 in a marathon, this 85k test is where the real endurance kicks in. sellers gotta burn out eventually.
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ContractSurrender
· 12-17 12:14
If 88,500 can't be broken, continue to short; if the 85,000 level can't hold, then it really gets interesting.
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ForkItAllDay
· 12-17 11:58
88,500 has been smashed down again, it seems really hard to break. Let's see how the 85,000 support holds; it feels like it needs to drop to that level before bouncing back.
#以太坊行情解读 December 17th, Wednesday Bitcoin and Ethereum Evening Market Observation
Looking at the four-hour Bollinger Bands, the channel is continuously contracting downward. $BTC has attempted multiple times to break through the 88,500 resistance level but has been pushed back each time. This indicates that the selling pressure above is indeed significant.
Currently, the support relies on the 85,000 level holding firm, and the market is likely to test how strong this level really is.
Tonight's trading strategy remains primarily to go short at higher levels, with long positions as a backup. Since the price is currently below the range, it might be better to wait and see for a rebound opportunity.
Bitcoin: 87,200-87,500 is the reference range Current price: 85,500
Ethereum: 2,980-3,010 is the reference range Current price: 2,800
$BTC $ETH $BNB