#数字资产市场洞察 [12.21 Market Analysis] Bitcoin's fluctuating pattern remains unbroken



Yesterday's Bitcoin price action was very textbook - repeatedly testing the high point around 88500 but failing to break through, dipping in the early session before slowly recovering, but the rebound strength was limited, and the whole rhythm was trapped in this range. From a technical perspective, the short-term bullish momentum has clearly weakened, and the previous upward channel has completely failed.

The current thinking is clear: continue to be bearish.

**Specific Operation**:
- $BTC current price short position entry, targeting the 87000 support line
- Enter a short position at the same current price of $ETH , with a target focus on the 2900 level.
- $XRP Keep observing

If 87000 cannot hold this time, there may be more downward movement below. The key is to wait for a confirmation of the breakout signal, so don't rush to chase long positions.
BTC0.12%
ETH0.3%
XRP-0.98%
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MetaLord420vip
· 11h ago
88500 has been smashed back again, this rhythm is really crazy... --- The energy for long positions is really running out, just like you said --- The risk of entering a short order is still a bit high, I will wait and see --- If the 87000 line is broken, it will be finished --- It's another one of those trading range fluctuations, so annoying --- Honestly doing shorting, don't blindly chase rising prices, a bloody lesson --- The strength of the Rebound is so weak, let's continue to dip tomorrow --- I am also observing XRP, feeling that the wind is not right --- Before the breakout signal is confirmed, everything is虚, stay steady and don't move --- Every time this textbook pattern occurs it falls, luckily I didn't buy the dip
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NFTFreezervip
· 11h ago
88500 has been tested repeatedly without breaking, which is a typical lack of strength. I am already shorting and waiting.
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alpha_leakervip
· 11h ago
88500 hasn't broken again, this time we should really trust the short positions, right...
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GasFeeTearsvip
· 11h ago
88500 has been tested repeatedly without breaking, this rhythm is indeed a bit dull.
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