#大户持仓动态 Market observation on December 22 at midnight
The daily chart of Bitcoin continues to show a bullish pattern, having stabilized at this position. Keep an eye on the resistance at $90,500 above; if it breaks through, it could be quite interesting. Below, $85,000 is a strong support level.
But looking at the details on the 4-hour chart is quite interesting—bullish volume is shrinking, and a doji candle has appeared, indicating that the strength of the bulls is waning. Looking at the hourly chart, signs of bearishness are starting to emerge, and the overall market seems to be heading downward.
Overall, during this time in the early morning, it is recommended to focus on opportunities for high short positions. When encountering high levels, consider shorting, but be sure to manage your pace and position well, and don't get overly excited.
Specific location: 🔸 Consider shorting Bitcoin in the range of 88200-88500, with an initial target around 87000. 🔸 Short positions on Ethereum are set in the range of 2975-3000, looking down towards around 2910 $BTC $ETH
Market conditions change rapidly, so risk management is 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.
9 Likes
Reward
9
6
Repost
Share
Comment
0/400
GlueGuy
· 4h ago
88200 is empty, take a chance on the 85000 addition.
View OriginalReply0
OfflineValidator
· 4h ago
When the volume shrinks, you need to be alert; this wave does seem a bit fragile.
View OriginalReply0
ValidatorViking
· 4h ago
tbh the volume decay is what gets me here - that doji candle reeks of indecision, classic pre-move setup imo. 85k holds or we're testing lower, no middle ground with these levels ngl
Reply0
AirdropF5Bro
· 4h ago
I have a bit of doubt about the Doji Candle Pattern; it feels like it's trying to trick me into cutting loss.
View OriginalReply0
SolidityStruggler
· 4h ago
This Doji Candle Pattern indicates that the long positions are really a bit weak, and we need to keep a close eye on the 88200 level.
View OriginalReply0
LiquidatedThrice
· 4h ago
It's another high sell short, I don't see many people who can make money with this trap.
#大户持仓动态 Market observation on December 22 at midnight
The daily chart of Bitcoin continues to show a bullish pattern, having stabilized at this position. Keep an eye on the resistance at $90,500 above; if it breaks through, it could be quite interesting. Below, $85,000 is a strong support level.
But looking at the details on the 4-hour chart is quite interesting—bullish volume is shrinking, and a doji candle has appeared, indicating that the strength of the bulls is waning. Looking at the hourly chart, signs of bearishness are starting to emerge, and the overall market seems to be heading downward.
Overall, during this time in the early morning, it is recommended to focus on opportunities for high short positions. When encountering high levels, consider shorting, but be sure to manage your pace and position well, and don't get overly excited.
Specific location:
🔸 Consider shorting Bitcoin in the range of 88200-88500, with an initial target around 87000.
🔸 Short positions on Ethereum are set in the range of 2975-3000, looking down towards around 2910 $BTC $ETH
Market conditions change rapidly, so risk management is the most important.