Market Watch|BTC surges then pulls back, bears take control



Yesterday, Bitcoin broke through the key resistance at 90,300, then quickly dropped. It stabilized around the 85,000 level before bouncing back to approximately 86,000. Currently, it’s oscillating within this range, with no clear direction.

A closer look at the trading volume reveals issues—when the price surged upward, the volume couldn’t keep up. This is a classic sign of divergence between price and volume, indicating that buying momentum has waned. In the short term, bears have taken the dominant position.

Unless a particularly significant positive news suddenly emerges, the market is likely to remain under pressure. It may continue to decline or be pushed down from higher levels.

**Trading Strategy**:
- Short in batches within the 86,800-87,500 range
- First target at 85,000-84,000
- If the support at 84,000 is effectively broken and the decline continues, watch for 83,000

The short-term trend of #大户持仓动态 still warrants caution against downside risks.
BTC-2,45%
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Hash_Banditvip
· 2025-12-20 13:22
volume's been sus all week ngl, that breakdown from 90k looked so clean on the charts but where were the buyers? classic whale shake-out pattern if u ask me, seen this movie before during the 2017 cycle
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ContractExplorervip
· 2025-12-19 04:03
Such a clear divergence between volume and price, the bears have really already taken the bait, waiting for it to drop down.
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MidnightTradervip
· 2025-12-18 02:09
The divergence between price and volume is indeed alarming; it feels like this wave is about to break 84,000.
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MetaverseMigrantvip
· 2025-12-18 02:08
The divergence between price and volume is back, and this time the bears are truly locked in.
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NFTArchaeologistvip
· 2025-12-18 02:05
The divergence between price and volume is so obvious, how could the bears miss this opportunity? It's the same pattern of opening high and closing low—when will we see the bottom? If 86,800 can't be broken, we have to keep looking downward; there's still room for shorting. This wave of decline doesn't seem that simple; we need to be more cautious around the 84,000 level. Let's see if we can get the last bite at 87,500; otherwise, just wait for the next opportunity.
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GhostChainLoyalistvip
· 2025-12-18 01:49
Such a clear divergence between volume and price, the bears have been itching to strike, see you at 86,800.
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