The recent performance of Bitcoin and Ethereum shows quite a few bearish technical signals. In the short term, the rebound lacks momentum, and the downward trend remains difficult to change.
Specifically for Bitcoin — RSI has rebounded but has not broken through the 50 neutral line, indicating that the bulls' energy has not truly accumulated. Ethereum is even weaker; the 3000 level has been broken, and on the hourly chart, a "false breakout followed by engulfing" pattern has appeared. The Bollinger Bands are still expanding downward, with resistance at 2985 and the four-hour middle band forming a double suppression, leaving little room for the bulls to breathe.
Based on this assessment, my strategy is:
Bitcoin: Short between 88500-89000, targeting 87500-87000
Ethereum: Short between 2990-3010, targeting 2910-2890
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TommyTeacher
· 2025-12-20 01:50
Ah, the RSI hasn't even crossed 50 yet, the bulls are indeed out of the picture... If 88500 drops, let's wait and see when to buy the dip.
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SatoshiLeftOnRead
· 2025-12-20 01:50
Uh, RSI hasn't even broken 50, this bearish signal seems a bit too obvious, feels like a trap?
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ETH 2985 double resistance, I've heard this explanation many times, but it always rebounds haha
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Wait, do you really dare to short when the time comes? I think 99% of people are just armchair strategists
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If this wave really drops to 87,000, I would kneel. It actually feels like a bottom-fishing signal, right?
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Losing the 3000 level is indeed a bit uncomfortable, but honestly, this kind of pattern analysis is just armchair psychology after the fact
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Double resistance sounds impressive, but in reality, the market just loves to hit your stop-loss points, right?
#数字资产市场洞察 12.20 Morning Analysis: $BTC and $ETH Technical Signal
The recent performance of Bitcoin and Ethereum shows quite a few bearish technical signals. In the short term, the rebound lacks momentum, and the downward trend remains difficult to change.
Specifically for Bitcoin — RSI has rebounded but has not broken through the 50 neutral line, indicating that the bulls' energy has not truly accumulated. Ethereum is even weaker; the 3000 level has been broken, and on the hourly chart, a "false breakout followed by engulfing" pattern has appeared. The Bollinger Bands are still expanding downward, with resistance at 2985 and the four-hour middle band forming a double suppression, leaving little room for the bulls to breathe.
Based on this assessment, my strategy is:
Bitcoin: Short between 88500-89000, targeting 87500-87000
Ethereum: Short between 2990-3010, targeting 2910-2890
$BTC $ETH