#BTC资金流动性 [12.22 Market Analysis] Bitcoin and Ethereum Dual Coin Analysis

Looking at the 4-hour K-line, Bitcoin has been repeatedly pulling back and forth in the last two days, which is a typical range consumption battle. The upper side is always trying to break through, but each time it feels a bit weak, and there are obviously fewer people chasing highs.

Structurally speaking, the current rebound is merely an emotional repair and does not yet signify a trend reversal. It is too difficult for the bulls to truly gain momentum—on the contrary, it provides the bears with repeated opportunities to build positions. Tonight's movement still needs to depend on the bears' actions. The short-term bears are in control without any doubt.

From a technical perspective: Bitcoin can be considered for a short position in the range of 90500-91000, with the first target pointing to 88000 and 87000. If it continues to break down, watch for 85000. Ether can be shorted around 3070-3100, targeting 3000 and 2950. If it breaks below, 2860 is the next support.

$BTC $ETH

The liquidity issues mentioned in the topic deserve ongoing attention, as the market's current stalemate can easily be disrupted by sudden events.