#数字资产生态回暖 12.11 Afternoon Market Observation



Bitcoin daily chart shows some pressure—forming a bearish engulfing pattern, but RSI remains in the neutral zone, and the price is stuck at the middle band of the Bollinger Bands, so the direction is not very clear. Trading volume has been shrinking, market sentiment is a bit sluggish, typical of sideways consolidation.

Currently, there is no particularly clear directional signal. At such times, it’s best not to chase rallies or sell off impulsively. Instead, focus on low-buying near support levels. Any pullback in price is a good opportunity to build positions, but be sure to strictly control your position sizes and follow the oscillating rhythm.

For Bitcoin, consider deploying long positions in the range of 89,000-90,000, with targets around 90,800-92,000.

For Ethereum, the entry points are around 3,150-3,180 for longs, aiming upward toward 3,220-3,250. If broken through, continue to watch for a move toward 3,300.

The market is oscillating within this range. Be patient and wait for signals—don’t rush.
BTC-3.3%
ETH-4.09%
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
  • 7
  • Repost
  • Share
Comment
0/400
CryptoFortuneTellervip
· 12-14 02:54
Another kind of rollercoaster, feels like it's just spinning inside the Bollinger Bands, can't buy in.
View OriginalReply0
SmartContractDivervip
· 12-13 22:43
It's another phase of fluctuations and consolidation; this kind of market truly tests your mindset... Around 89,000 is indeed a good entry point, but you just have to endure this sluggish market.
View OriginalReply0
StableBoivip
· 12-11 08:38
Trading volume shrank and popularity waned. This round of market action is indeed a bit dull. Forget it, let's wait for a signal before making any moves.
View OriginalReply0
OffchainWinnervip
· 12-11 08:37
Another market where traders are caught and stuck... With trading volume shrinking like this, how can you play? Wait until it reaches 89,000 to buy in. Anyway, rushing now is pointless.
View OriginalReply0
EntryPositionAnalystvip
· 12-11 08:29
Trading volume shrinks and popularity wanes. This kind of market is easiest to get trapped in. It's better to wait for signals and not act impulsively.
View OriginalReply0
BlockchainTalkervip
· 12-11 08:13
actually, if we examine this consolidation pattern through the lens of market microstructure... the volume compression is telling us something pretty fundamental here. it's not just noise—it's literally the market catching its breath before the next move. TL;DR: low volume bounces are basically the blockchain equivalent of a false start in a race. patience > panic, always.
Reply0
GateUser-9234e9a9vip
· 12-11 08:13
Hold on tight, we're about to take off🛫
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)