After Bitcoin broke through the hourly closing price of 88,285 with increased volume, the opportunity for long positions on the right side has arrived, but be sure to set stop-loss orders. If it falls below 88,080 with volume and cannot recover on a rebound, then consider short positions on the right side, with stops in place. Pay close attention to subsequent volume changes—volume is the key to determining the trend.
If the pullback dips near 86,865 and a false breakdown occurs, it could be a good opportunity to pick up a long position. Use the low point of the false breakdown or the true breakdown at 85,811 as the stop-loss level; if it cannot recover, do not hold a long position.
On the hourly chart, after Bitcoin breaks through and stabilizes above 88,432, the upward target range is between 89,562 and 90,422. However, this breakout point is critical—if it cannot break through 88,433, it is meaningless.
The bearish strategy is also clear: if a 2B false breakout occurs above 89,562, consider shorting, with the stop-loss placed at the breakout and stabilization above 90,422. Conservative traders might consider entering at a lower level: long at 85,200, with a stop-loss if it falls below 84,401.
An interesting phenomenon here is that Bitcoin has challenged the resistance level at 89,537 three times, each time with a spike touching 89,537 but never closing above it with a solid candle. If it fails to break through two more times, it will be a clear sign of exhaustion among the bulls, and a pullback is almost certain.
Combining this with the previous flag pattern: if the flag cannot be broken, it must be retested at the lower boundary of the flag. Currently, not only has it retested the lower boundary, but it has also broken below the flag pattern itself, subsequently retesting the support at 86,851 and bouncing back. This indicates that the lower boundary of the flag has now turned into resistance above. If it can re-enter the flag pattern and move back inside, there is still a chance to test 89,537; if it cannot, it will continue to retest the support at 86,851, and if support fails, the next test will be at 85,275.
The overall logic is: as long as it breaks through 89,537, the stars and the sea are within reach; if not, expect wide-range oscillations between 89,537 and 86,851.
Key position overview: Upper resistance: 88,432 → 89,562 → 90,422 Lower support: 87,777 → 86,869 → 85,275 4-hour level: After breaking 87,557, look down to 86,796 and 85,281
Currently, Ethereum is similar—after volume breakout above 2,992, consider long positions on the right side, with stops in place. If it falls below 2,979 with volume, then consider shorting on the right side, with stops not to be missed.
If it retests and confirms support at 2,934, you can add another long position. If it falls below 2,885, stop out.
On the hourly chart, after Ethereum stabilizes above 2,993, the targets are 3,034 and 3,091. Watch out for the 3,091 level for potential short opportunities; if it breaks through to 3,131, set a stop-loss.
Additionally, consider the previous spike order strategy: long at 2,865, with a stop-loss if it falls below 2,823.
Key position overview: Upper resistance: 2,993 → 3,034 → 3,091 Lower support: 2,968 → 2,934 → 2,885 4-hour level: After breaking 2,939, look down to 2,903 and 2,852
Detailed strategic analysis can be found in the comments section.
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just_vibin_onchain
· 3h ago
It's that 89537 hurdle again. Three times now, and still not steady. It feels like the bulls are really running out of strength.
View OriginalReply0
MindsetExpander
· 3h ago
89537, this level is really a bit tricky, three times couldn't break through, it feels like the bulls are really getting tired.
View OriginalReply0
GasFeeLover
· 3h ago
89537 this level is really cursed; the pin insertion failed three times, and this bullish trend might be about to collapse.
View OriginalReply0
OptionWhisperer
· 3h ago
Here to ride the hype again, is 89537 really that solid? Even after three tries, it can't break through...
View OriginalReply0
GmGmNoGn
· 3h ago
89537, this hurdle probably needs to be tackled several times before breaking through. The bulls are going to be exhausted from this wave.
#BTC资金流动性 📊 December 20th Pre-Market Market Overview
$BTC Technical Analysis:
After Bitcoin broke through the hourly closing price of 88,285 with increased volume, the opportunity for long positions on the right side has arrived, but be sure to set stop-loss orders. If it falls below 88,080 with volume and cannot recover on a rebound, then consider short positions on the right side, with stops in place. Pay close attention to subsequent volume changes—volume is the key to determining the trend.
If the pullback dips near 86,865 and a false breakdown occurs, it could be a good opportunity to pick up a long position. Use the low point of the false breakdown or the true breakdown at 85,811 as the stop-loss level; if it cannot recover, do not hold a long position.
On the hourly chart, after Bitcoin breaks through and stabilizes above 88,432, the upward target range is between 89,562 and 90,422. However, this breakout point is critical—if it cannot break through 88,433, it is meaningless.
The bearish strategy is also clear: if a 2B false breakout occurs above 89,562, consider shorting, with the stop-loss placed at the breakout and stabilization above 90,422. Conservative traders might consider entering at a lower level: long at 85,200, with a stop-loss if it falls below 84,401.
An interesting phenomenon here is that Bitcoin has challenged the resistance level at 89,537 three times, each time with a spike touching 89,537 but never closing above it with a solid candle. If it fails to break through two more times, it will be a clear sign of exhaustion among the bulls, and a pullback is almost certain.
Combining this with the previous flag pattern: if the flag cannot be broken, it must be retested at the lower boundary of the flag. Currently, not only has it retested the lower boundary, but it has also broken below the flag pattern itself, subsequently retesting the support at 86,851 and bouncing back. This indicates that the lower boundary of the flag has now turned into resistance above. If it can re-enter the flag pattern and move back inside, there is still a chance to test 89,537; if it cannot, it will continue to retest the support at 86,851, and if support fails, the next test will be at 85,275.
The overall logic is: as long as it breaks through 89,537, the stars and the sea are within reach; if not, expect wide-range oscillations between 89,537 and 86,851.
Key position overview:
Upper resistance: 88,432 → 89,562 → 90,422
Lower support: 87,777 → 86,869 → 85,275
4-hour level: After breaking 87,557, look down to 86,796 and 85,281
---
$ETH Trading Strategy:
Currently, Ethereum is similar—after volume breakout above 2,992, consider long positions on the right side, with stops in place. If it falls below 2,979 with volume, then consider shorting on the right side, with stops not to be missed.
If it retests and confirms support at 2,934, you can add another long position. If it falls below 2,885, stop out.
On the hourly chart, after Ethereum stabilizes above 2,993, the targets are 3,034 and 3,091. Watch out for the 3,091 level for potential short opportunities; if it breaks through to 3,131, set a stop-loss.
Additionally, consider the previous spike order strategy: long at 2,865, with a stop-loss if it falls below 2,823.
Key position overview:
Upper resistance: 2,993 → 3,034 → 3,091
Lower support: 2,968 → 2,934 → 2,885
4-hour level: After breaking 2,939, look down to 2,903 and 2,852
Detailed strategic analysis can be found in the comments section.