12.26 Bitcoin Auntie's Evening Strategy



From the 4-hour chart, although the price is still operating near the short-term moving averages, the upward momentum has clearly weakened. Multiple attempts to break higher have failed to establish a solid breakout above the previous high. Structurally, the trend has shifted from "trend advancement" to "high-level exhaustion." The Bollinger middle band shows sideways movement, but the space remains unopened, which is a typical signal of strength turning into weakness.

On the 1-hour chart, the picture is even more straightforward: after a rapid surge, the volume has not expanded accordingly. The highs are being raised continuously, but the real bodies are shortening, and the shadows are increasing, which is a typical "pulling but not moving" pattern. The MACD at high levels is losing momentum, and the energy bars are flattening, indicating that the short-term bulls are already showing signs of fatigue.

Core evening outlook in one sentence: Bulls are showing signs of exhaustion; high levels are an opportunity to short! The evening small Zhuge's bearish outlook remains unchanged.

Personal suggestions:
Bitcoin: Enter short at 88,800-89,500, with targets below at 88,000 and 86,800. If broken downward, target 85,000!
Auntie: Enter short at 2,990-3,020, with targets below at 2,900 and 2,840. If broken downward, target 2,760!
$BTC $ETH #美股圣诞行情开启
BTC-1.41%
ETH-1.34%
View Original
post-image
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)