Falling from 3177 down to 2870, the rebound only reached 2927 before losing momentum. Currently, it’s oscillating within a narrow range. What does this indicate? The bulls are unable to hold their ground.
Both the MA144 and MA169 moving averages are pressing down from above the current price, with their slopes fading. The candlestick bodies are getting smaller, showing clear signs of fatigue. The bearish trend has not fundamentally changed, this is a fact.
The rebound around 2870? It’s nothing more than retail investors trying to bottom-fish, while the real big funds are elsewhere—firmly pressing above 3000, with no one daring to push higher. Market bearish sentiment continues to ferment, with no signs of easing.
In the short term, the 2980-3030 range is more suitable for short positions. If it breaks down, look at 2880, and further down, the key support is at 2830.
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NFTBlackHole
· 2025-12-20 08:17
Retail investors buying the dip is just giving away money, while big funds hold back and don't let go. This is the current situation.
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LiquidatedAgain
· 2025-12-20 04:56
Once again, I got liquidated. Just looking at the candlestick chart is painful... This wave, 2927, got wiped out, I knew it.
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BlockchainBrokenPromise
· 2025-12-19 04:21
Retail investors are hyping themselves up at 2870 again, while the big players have already pushed it down at 3000. LOL
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Fren_Not_Food
· 2025-12-17 13:20
Damn, another day of short-term winners, retail investors are still bottom fishing at 2870 haha
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I'm tired of the MA144 topping out, it's really boring
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The big funds above 3000 are indeed ruthless, our group of retail investors really have no chance
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Shorting 2980-3030? Sure, I'll take that bet, break below 2880 to see the real action
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Rebound to 2927 is losing momentum, how awkward is that
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Retail funds are just here to give away money, big funds can easily push down and make them fall
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I remember that key support at 2830, let's see if it can really hold later
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This market trend is truly boring, narrow-range fluctuations are so annoying
View OriginalReply0
YieldWhisperer
· 2025-12-17 13:16
honestly the math on this bounce doesn't even check out... retail fomo'd into 2870 thinking it's a reversal but actual whale wallets? completely silent above 3k. classic death spiral pattern if i've ever seen one tbh
Reply0
QuorumVoter
· 2025-12-17 13:15
Retail investors bottom-fishing just to hand over the bag to the big whales. The current bearish sentiment isn't over yet.
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PaperHandsCriminal
· 2025-12-17 13:11
It's another situation where no one dares to push. I'm the retail investor who got trapped at 2927. Why is it always me taking the fall?
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GateUser-ccc36bc5
· 2025-12-17 13:11
Retail investors bottom-fishing are just bagholders, with large funds pressing above 3000 and no one daring to move. This wave is indeed fierce.
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FlashLoanPrince
· 2025-12-17 13:02
Retail investors' rebounds are just self-entertainment; the real story is that big funds are staying still.
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MeltdownSurvivalist
· 2025-12-17 13:00
The bulls are really out of luck, just look at this K-line, it looks like a walking corpse.
Retail investors are still trying to bottom at 2870, while big funds have already firmly held down 3000.
I need to take a short position on this 2980-3030 wave; if it breaks, 2880 is a sure target.
The moving average slopes are gone, with this kind of performance, do you still expect a rebound? Wake up, everyone.
The bearish sentiment is endless, it feels like it will continue to fall.
#数字资产市场洞察 $ETH 12.17 Evening Market Observation
Falling from 3177 down to 2870, the rebound only reached 2927 before losing momentum. Currently, it’s oscillating within a narrow range. What does this indicate? The bulls are unable to hold their ground.
Both the MA144 and MA169 moving averages are pressing down from above the current price, with their slopes fading. The candlestick bodies are getting smaller, showing clear signs of fatigue. The bearish trend has not fundamentally changed, this is a fact.
The rebound around 2870? It’s nothing more than retail investors trying to bottom-fish, while the real big funds are elsewhere—firmly pressing above 3000, with no one daring to push higher. Market bearish sentiment continues to ferment, with no signs of easing.
In the short term, the 2980-3030 range is more suitable for short positions. If it breaks down, look at 2880, and further down, the key support is at 2830.