Bitcoin bearish signals continue to appear, with intraday shorting opportunities emerging at high levels
Last night, Bitcoin quickly retreated after breaking through $90,000, with bullish momentum clearly weakening, and the daily gains fully retraced. Currently, the price is weakly trading around $86,000, approaching the key support at $85,000. Once this support is broken, further downside is expected to seek a bottom.
From a technical perspective, the daily candlestick has closed below $88,000 for three consecutive days, forming a classic descending three-method pattern. The MACD death cross has not yet been repaired, indicating significant downward pressure. Although a double bottom structure has formed around $86,000 on the 4-hour chart, the MACD has a bullish crossover below the zero line but lacks momentum, and the price remains below the moving averages, unable to move up. On the hourly level, the $90,000 level faces strong selling pressure—last night's long upper shadow at 8 PM clearly shows this, confirming the real pressure at this level.
All timeframes favor the bears, and the probability of continued short-term decline is high. From a trading perspective, don't rush to buy the dip; instead, wait for a rebound and then short.
Operational reference: Bitcoin can be shorted around 86,800 and 87,800, targeting near 85,000 and 84,200.
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BearMarketLightning
· 2025-12-20 21:37
Talking about a short position again. Is this wave really going to break 85,000? It feels like every time it's said, it just bounces back...
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GasBandit
· 2025-12-18 20:10
Coming back with the same story? When I was pushing to 90, no one said it was a bearish signal. Now that it's dropping, you're starting to tell stories again. Truly a armchair strategist after the fact.
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CafeMinor
· 2025-12-18 00:20
It dropped again. The 90,000 surge was definitely a trap to lure buyers. Now we're just waiting for the rebound to crash.
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GateUser-c802f0e8
· 2025-12-18 00:15
It's the same old story again, short at 86,800? If the bulls were truly dead, they wouldn't keep rebounding and testing here.
#大户持仓动态 12.18
Bitcoin bearish signals continue to appear, with intraday shorting opportunities emerging at high levels
Last night, Bitcoin quickly retreated after breaking through $90,000, with bullish momentum clearly weakening, and the daily gains fully retraced. Currently, the price is weakly trading around $86,000, approaching the key support at $85,000. Once this support is broken, further downside is expected to seek a bottom.
From a technical perspective, the daily candlestick has closed below $88,000 for three consecutive days, forming a classic descending three-method pattern. The MACD death cross has not yet been repaired, indicating significant downward pressure. Although a double bottom structure has formed around $86,000 on the 4-hour chart, the MACD has a bullish crossover below the zero line but lacks momentum, and the price remains below the moving averages, unable to move up. On the hourly level, the $90,000 level faces strong selling pressure—last night's long upper shadow at 8 PM clearly shows this, confirming the real pressure at this level.
All timeframes favor the bears, and the probability of continued short-term decline is high. From a trading perspective, don't rush to buy the dip; instead, wait for a rebound and then short.
Operational reference: Bitcoin can be shorted around 86,800 and 87,800, targeting near 85,000 and 84,200.