The Christmas season market is very cold, trading volume has dropped significantly, which makes price fluctuations particularly fierce. Currently, both BTC and ETH are showing signs of short-term bearishness; rebounds are being blocked by the middle Bollinger Band, and the momentum is weakening wave after wave. There are no signs of a reversal, so today we should mainly follow the trend and go short.
Now the price is oscillating around 2950. Yesterday, it reached a high of 2987 and a low of 2889, moving mostly in tandem with BTC. The pattern of "rebound getting stuck, weak consolidation" remains unchanged.
Looking at the 4-hour chart, the middle Bollinger Band is firmly pressing down, and the MACD on the daily chart has already formed a death cross and continues to extend. Many orders are trapped below the 3000 level, making it quite difficult to break through.
**Trading idea**: Look for short opportunities in the 2960 to 2980 range, with the first target around 2900-2880, and set stop-loss above 3005. Remember to control leverage carefully; discipline is the most important.
$SOL $BTC Same logic applies, market sentiment is resonating during this phase.
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StablecoinGuardian
· 10h ago
The Christmas season was just trapped like this; it seems the bears aren't tired of playing yet.
Wait, the MACD death cross continues, and they still want to break through 3000. Isn't this just a routine?
Shorting at 2960 sounds good, but I'm just worried about being smashed through.
This wave is really a weak consolidation, not very interesting.
The middle band of the Bollinger is like a ceiling; a rebound up there is doomed.
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StillBuyingTheDip
· 10h ago
Christmas really feels like a harvest festival for cutting leeks, with such a sharp drop in volume and the price still so fierce, the middle band of Bollinger can't be pushed through.
#美联储回购协议计划 $ETH What’s the plan for today? A simple analysis
The Christmas season market is very cold, trading volume has dropped significantly, which makes price fluctuations particularly fierce. Currently, both BTC and ETH are showing signs of short-term bearishness; rebounds are being blocked by the middle Bollinger Band, and the momentum is weakening wave after wave. There are no signs of a reversal, so today we should mainly follow the trend and go short.
Now the price is oscillating around 2950. Yesterday, it reached a high of 2987 and a low of 2889, moving mostly in tandem with BTC. The pattern of "rebound getting stuck, weak consolidation" remains unchanged.
Looking at the 4-hour chart, the middle Bollinger Band is firmly pressing down, and the MACD on the daily chart has already formed a death cross and continues to extend. Many orders are trapped below the 3000 level, making it quite difficult to break through.
**Trading idea**: Look for short opportunities in the 2960 to 2980 range, with the first target around 2900-2880, and set stop-loss above 3005. Remember to control leverage carefully; discipline is the most important.
$SOL $BTC Same logic applies, market sentiment is resonating during this phase.