On the 19th, the performance was good, rising from 85,500 all the way to 88,100, successfully breaking the previous day's resistance at the high point. However, starting from the 20th, the trend shifted, and a small doji candle appeared, indicating that the bulls and bears are in a bit of a stalemate.
**4-Hour Detail**
The MACD histogram is gradually shrinking — this is a signal. The DIF and DEA lines are still below the zero axis but show signs of converging upward. In simple terms, the short-term rebound may not be very strong.
**Trading References**
$BTC: Shorting in the 88,700-88,500 range, with targets at 87,000-86,000 below.
$ETH: Shorting in the 3,000-2,980 range, with targets at 2,900-2,800.
However, specific operations should still be based on your own risk tolerance. Market changes are fast, so stop-loss and position management are the most important.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
4
Repost
Share
Comment
0/400
BrokenRugs
· 6h ago
The moment the doji star appears, it starts to stall. This rebound really lacks momentum...
View OriginalReply0
SelfCustodyBro
· 6h ago
Once the doji star appears, the bulls lose momentum. This rebound is probably coming to an end.
View OriginalReply0
GateUser-26d7f434
· 6h ago
The positive employment data has already been reflected in the price, and now this doji is the key... Both bulls and bears are testing the bottom line.
View OriginalReply0
OPsychology
· 7h ago
The moment the doji star appears, the stalemate begins. I knew this rebound might come to a halt. The bears should wake up now.
#美国就业数据表现强劲超出预期 【Market Express】December 20 Evening Technical Review
Let's review the recent market movements:
**Daily Chart Analysis**
On the 19th, the performance was good, rising from 85,500 all the way to 88,100, successfully breaking the previous day's resistance at the high point. However, starting from the 20th, the trend shifted, and a small doji candle appeared, indicating that the bulls and bears are in a bit of a stalemate.
**4-Hour Detail**
The MACD histogram is gradually shrinking — this is a signal. The DIF and DEA lines are still below the zero axis but show signs of converging upward. In simple terms, the short-term rebound may not be very strong.
**Trading References**
$BTC: Shorting in the 88,700-88,500 range, with targets at 87,000-86,000 below.
$ETH: Shorting in the 3,000-2,980 range, with targets at 2,900-2,800.
However, specific operations should still be based on your own risk tolerance. Market changes are fast, so stop-loss and position management are the most important.