Last night, the market experienced a significant move. Bitcoin, after topping at 89,447, plummeted to 84,408. Ethereum was not spared—dropping from 2,997 to 2,772. The two coins' movements are highly synchronized.
From the daily chart, the consecutive bearish candles with frequent upper shadows indicate that the bears are gradually gaining strength. The Bollinger Bands have shifted from narrowing to opening downward. Although the lower band support has not been broken yet, the volume is clearly increasing—suggesting a high probability of continued decline. Looking at the four-hour chart, after a large bearish candle, a small bullish correction appeared, but the rebound was halted. The MACD indicator has already formed a death cross and shows signs of downward movement. In this environment, the outlook remains bearish in the morning.
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RealYieldWizard
· 2025-12-22 00:48
Got dumped again while buying the dip, this wave really hurts
Short positions are so fierce, did the rebound die at 2880? It feels like it has to go down further
Will 84000 just be a stabilizing point? A bit afraid of breaking below it.
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SlowLearnerWang
· 2025-12-21 21:48
I didn't buy the dip again. Yesterday morning, I was still watching to see if it could rebound at 85000, but when I woke up from my nap, it had plunged straight through. I'm really a step behind.
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CommunitySlacker
· 2025-12-20 04:46
Smash again? Didn't sleep well last night
Looked at the chart this morning, the bears are pretty fierce, and this drop directly broke through the psychological barrier
I'm still a bit hesitant about shorting at 86,000, feeling there might be a rebound...
Can 2700 really be reached? Seems a bit uncertain
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NFTHoarder
· 2025-12-19 01:20
It dropped again, oh my, this wave of decline really hurts.
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NeverVoteOnDAO
· 2025-12-19 01:20
Oh my, it broke through directly last night. It's good if it can rebound now.
Getting stuck is indeed dangerous; this wave from the bears is quite fierce.
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ser_aped.eth
· 2025-12-19 01:18
Last night's drop was truly frightening, dropping directly from 89k to 84k, like a roller coaster ride.
The death cross has appeared. Continuing to short in the morning is fine. Try entering a short position between 85800-86000 to test the waters.
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GateUser-bd883c58
· 2025-12-19 01:09
Last night's drop was really intense. I knew I had to hold when it hit 84,408 bottom.
The bears are so strong; we still need to see if the 84k support holds before making any moves.
The Bollinger Bands are opening up, so this isn't going to be as simple as a rebound...
ETH dropping to 2772 is outrageous; those trying to catch the bottom are probably trapped now, haha.
The 85,800-86,000 range makes me want to short, but I have a feeling it will fluctuate and test that level again.
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RektButAlive
· 2025-12-19 01:04
Another round of heavy selling, my order from last night was directly smashed through, boohoo
The bears are indeed gaining strength. Looking at the Bollinger Bands, they are opening up, and the MACD has also crossed bearish. Still, I have to follow the bears
Around 86,000 is a good level to try, just see if it can hold until 84
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DataBartender
· 2025-12-19 01:01
Last night's dump was really intense; 84408 directly triggered many people's stop-losses... We still need to keep a bearish outlook on this momentum.
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airdrop_whisperer
· 2025-12-19 00:55
Here comes another dump, I didn't sleep well last night.
The bears are really aggressive this time; once the support breaks, it's over.
Seeing the MACD death cross, I knew it wasn't going to be good. Continuing to short based on this idea should be fine.
Keep shorting BTC at 85800, with the target at 84000, the probability is still quite high.
ETH is also not doing well, continuing its downward trend, 2700 is a good gamble.
#数字资产市场洞察 $BTC Friday Morning Analysis
Last night, the market experienced a significant move. Bitcoin, after topping at 89,447, plummeted to 84,408. Ethereum was not spared—dropping from 2,997 to 2,772. The two coins' movements are highly synchronized.
From the daily chart, the consecutive bearish candles with frequent upper shadows indicate that the bears are gradually gaining strength. The Bollinger Bands have shifted from narrowing to opening downward. Although the lower band support has not been broken yet, the volume is clearly increasing—suggesting a high probability of continued decline. Looking at the four-hour chart, after a large bearish candle, a small bullish correction appeared, but the rebound was halted. The MACD indicator has already formed a death cross and shows signs of downward movement. In this environment, the outlook remains bearish in the morning.
$ETH
Trading Suggestions:
BTC: Short around 85,800-86,000, target 84,000
ETH: Short around 2,850-2,880, target 2,700