2025-12-23 00:31:58

#BTC资金流动性 12.23 Market Observation

The Ethereum trend is weak, and the short position strategy remains unchanged.

Yesterday's market was flat until the early hours when a clear downward breakout was observed. Ethereum attempted to rise multiple times but was suppressed each time, eventually falling from a high of 3077 to around 2961, a drop of over a hundred points, reflecting the bearish tone still present in the market.

On the four-hour chart of Bitcoin, the price is repeatedly making narrow fluctuations near the middle band of the Bollinger Bands. During the rebound process, it has frequently been suppressed. Although there are sporadic signs of rebound, the trading volume is sluggish, and the strength of the rebound is clearly weak. From a technical perspective, there is a lack of momentum to support upward movement.

Hourly level is more intuitive – the Bollinger Bands have moved from an opening to a closing position, the MACD indicator has formed a death cross, accompanied by a significant increase in trading volume, which means that bearish forces are gradually being released. In the short term, the high short strategy is still a priority to consider.

Ethereum trading advice: Consider placing short orders around 3057 and 3020, targeting the levels of 2960 and 2900.

$BTC $ETH $BNB

BTC-0.38%

ETH-0.33%

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FromMinerToFarmer

· 12-23 04:32

It's going to fall again, this wave of short positions seems endless. The Bollinger Bands are narrowing, and the MACD shows a death cross. To be honest, it's hard to predict where it will rebound to.

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ArbitrageBot

· 12-23 00:58

It's the same old routine, the short positions continue dumping, I'm already tired of this rhythm.

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CryptoMotivator

· 12-23 00:57

Here comes the suppression again, this wave of short positions is really fierce.

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InscriptionGriller

· 12-23 00:54

The Bollinger Bands are narrowing, and the MACD has formed a death cross. This trap combo is well set, and the short positions are about to bleed.

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ForumLurker

· 12-23 00:53

Here we go again, can we reach 2900 this time... the position mentioned last time hasn't been reached yet.

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InfraVibes

· 12-23 00:39

It's another short position, can this wave stop tricking me into buying the dip... Last time I heard you guys say it broke down and I got trapped for two months.

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GhostChainLoyalist

· 12-23 00:38

They're pressing my eth again, will there be a rebound at 2900...

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