From the 4-hour chart, $BTC is still under the dominance of bears. This morning's surge doesn't count as a trend; it rose quickly and fell just as fast—typical of a bait-and-switch tactic. The current pattern is such that volatility has clearly declined, the Bollinger Bands are gradually converging, and the KDJ is hovering near the midline with no clear direction. More critically, the candlestick just crossed below the D line forming a death cross, which is a sell signal from a technical perspective. Overall indicators show weakness.
So the strategy for today at noon is clear - continue with the morning's approach and short on every rebound.
$BTC can consider short positions in the range of 88700 to 89200, with key support below at 87500.
$ETH is also a short opportunity around 2990 to 3020, holding the line at 2920.
Today, pay attention to the performance of these coins: RAVE, BEAT, XPIN, NIGHT, H.
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SandwichTrader
· 7h ago
Bull trap is coming again, I'm already used to it. Let's try shorting at 88700.
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zkProofInThePudding
· 7h ago
The bull trap is so obvious, I didn't touch that wave in the morning, still waiting for the Rebound to place a short order safely.
#数字资产市场洞察 12月22日market data速览:
From the 4-hour chart, $BTC is still under the dominance of bears. This morning's surge doesn't count as a trend; it rose quickly and fell just as fast—typical of a bait-and-switch tactic. The current pattern is such that volatility has clearly declined, the Bollinger Bands are gradually converging, and the KDJ is hovering near the midline with no clear direction. More critically, the candlestick just crossed below the D line forming a death cross, which is a sell signal from a technical perspective. Overall indicators show weakness.
So the strategy for today at noon is clear - continue with the morning's approach and short on every rebound.
$BTC can consider short positions in the range of 88700 to 89200, with key support below at 87500.
$ETH is also a short opportunity around 2990 to 3020, holding the line at 2920.
Today, pay attention to the performance of these coins: RAVE, BEAT, XPIN, NIGHT, H.