Merry Christmas. The US stock market is closed today, and the market remains in that weak state.
This morning, Bitcoin surged to 88,000 to test the waters, but the bulls lacked strength and got stuck between 89,500 and 90,500, then it retreated again. From the candlestick chart, this rebound indeed lacks momentum.
The technical indicators are also quite awkward—RSI is still hovering in the lower middle range, with the bears clearly in control. Without volume support, breaking through the resistance above is simply impossible. Plus, with the US stock market closed, market trading is light, and liquidity is painfully scarce.
In this environment, the probability of a downward correction is higher. If the support at 86,500 is lost, it could head straight to 85,000.
Trading idea: During the market holiday, with limited activity, it’s better to short around 88,500-89,000, targeting the 87,000 to 86,500 zone.
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DAOdreamer
· 8h ago
The US stock market is in such a state of disarray after just one day off, liquidity has collapsed completely. Even pushing 88,000 is impossible, it's really not worth much.
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With the bears so strong, if 86,500 breaks, it's over, and we'll see 85,000 directly.
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Shorting during market closed hours is indeed a strategy, but it feels like these days the market is just here to accompany the rankings.
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RSI is numb already, what breakthrough are you still talking about... Let's wait for the US stock market to open, friends.
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Why is the bullish momentum so weak? This rebound is like farting—coming fast and going just as quickly.
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SmartContractPlumber
· 9h ago
The market with liquidity exhaustion is like this; no matter how the bulls try, it's all in vain. The 88,000 test was purely a dead cat bounce; to truly break through, it needs volume.
But to be honest, shorting during the US stock market halt these days requires caution—poor risk management can still get you wiped out in after-hours trading. I've seen too many cases of contracts being liquidated just because of excessive leverage or poor stop-loss settings.
Only when 86,500 is broken does it count as a real decline. We're still in the consolidation phase; don't rush to bet on the direction.
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MemecoinTrader
· 9h ago
nah the liquidity play here is *chef's kiss* — watching plebs chase 88k while bears already positioned. that RSI divergence tho... classic setup for the cascade down to 85. volume's drier than my humor rn lol
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TokenomicsPolice
· 9h ago
Merry Christmas, relaxing and watching the markets, BTC really isn't exciting, it's stuck.
When the US stock market is closed, no one is trading anymore. The liquidity is really sparse.
Merry Christmas. The US stock market is closed today, and the market remains in that weak state.
This morning, Bitcoin surged to 88,000 to test the waters, but the bulls lacked strength and got stuck between 89,500 and 90,500, then it retreated again. From the candlestick chart, this rebound indeed lacks momentum.
The technical indicators are also quite awkward—RSI is still hovering in the lower middle range, with the bears clearly in control. Without volume support, breaking through the resistance above is simply impossible. Plus, with the US stock market closed, market trading is light, and liquidity is painfully scarce.
In this environment, the probability of a downward correction is higher. If the support at 86,500 is lost, it could head straight to 85,000.
Trading idea: During the market holiday, with limited activity, it’s better to short around 88,500-89,000, targeting the 87,000 to 86,500 zone.
#比特币流动性 $BTC $ZEC