#以太坊行情解读 [December 24th Midday Observation] Bitcoin and Ethereum show signs of weakening on the technical front.



From the four-hour timeframe, Bitcoin and Ethereum have recently seen two consecutive bearish candles, and the Bollinger Bands are expanding, indicating strong bearish momentum. The momentum of this decline is indeed fierce, and there is a possibility that the short-term support level may be breached.

Looking at the hourly chart again, three bearish candles are stacked together, and the bulls are being firmly suppressed. There may be occasional technical rebounds, but the strength is very small, making it difficult to reverse the overall downward trend.

The current operational thought can be summed up in one word: follow the trend. The main tone is bearish.

**$BTC Overview**: 87500-88000 is a good range to enter short. The first wave target points to 86500, and if this level breaks, it will continue to move towards 85500.

**$ETH looks like this**: 2940-2970 can also be shorted. 2900 is a strong support; if it fails, it could drop straight to 2830.

Key point: Follow the market's rhythm to earn steadily. Trying to operate against it will only lead to being trapped. Grasp the pulse of the market, don't mess around.
ETH-1.14%
BTC-0.59%
View Original
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.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
CommunityJanitorvip
· 9h ago
They're starting to talk down again. I'm a bit tired of this kind of rhetoric... Last time they said the support level was broken, but it rebounded for three days, and my friend was directly shaken out.
View OriginalReply0
LuckyBlindCatvip
· 15h ago
Oh no, it's time for short positions again, this wave is really a bit fierce. The suggestion to go with the trend is not wrong, reverse operations really are looking for death. But I still want to wait a bit, I feel like it's not at the bottom yet.
View OriginalReply0
NFTRegretDiaryvip
· 15h ago
Another fall? I do see that the momentum of short positions is indeed there, but whether it breaks 88000 still depends on tonight's data. I feel that the order for Christmas might still have some fluctuations.
View OriginalReply0
SillyWhalevip
· 15h ago
The short positions market is back again. Can it really fall this time? It seems like every time we say it breaks down, it ends up rebounding.
View OriginalReply0
GateUser-5854de8bvip
· 15h ago
Once again bearish, can this wave really fall to 85500? I bet it will rebound, let's see who gets trapped.
View OriginalReply0
SatsStackingvip
· 15h ago
Another fall, this round is really fierce. It's right to short the trend, but it hurts that I didn't catch 88000.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)