Recently, multiple signals have indicated a shorting opportunity, supported by both technical and fundamental factors. From a technical perspective, Bitcoin is facing clear correction pressure in the 87101-86266 range, with a potential downside of about 835 points. Ethereum around 5849u also shows weakness. This wave of correction not only signals a break of support levels from a technical standpoint but also corresponds to changes in fundamental news. Although the follow-up varies from person to person, small-scale shorting has a relatively reasonable risk-reward ratio. The holdings movements of whales are also worth paying attention to, as they may help to verify the market's short-term trend to some extent.

BTC0.21%
ETH-3.27%
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
  • 3
  • Repost
  • Share
Comment
0/400
FantasyGuardianvip
· 12-16 15:44
Starting the bearish narrative again, just worried that this might be a false breakout.
View OriginalReply0
ChainSauceMastervip
· 12-16 15:37
Here comes the bearish argument again. An 835-point space sounds like a lot, but will the whales really move according to this rhythm?
View OriginalReply0
RektRecoveryvip
· 12-16 15:35
ngl, saw this dump coming from a mile away. classic support breakdown pattern—always plays out the same way. whale movements never lie, that's where the real tea is at tbh.
Reply0
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)