Bitcoin's recent movements have been quite interesting—after surging to 93,550 on the 11th, it suddenly plummeted to 90,150, dropping quite sharply. The daily chart shows long upper shadows and large bearish candlesticks stacked together, indicating significant selling pressure. Looking at the 4-hour chart, the price has been repeatedly tugging around the 90,200 level, but the overall trend remains downward, with limited rebound strength.
Ethereum's situation is somewhat similar—consolidating but with obvious downward pressure.
Short-term trading strategy:
Method One: Enter shorts around 90,500-90,300, targeting the 88,000-89,000 range
Method Two: Break below 3,150-3,120, with a retracement to 3,000-2,900 being close enough
Currently, patience is required to wait for signals; avoid chasing highs.
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LiquidationWatcher
· 5h ago
ngl those wick rejections at 93550 hit different... been there, lost that on margin calls. not financial advice but maybe don't FOMO into shorts rn, health factors matter more than being right 🚨
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BlockchainFries
· 9h ago
Taking a short position at 90500 is a bit thrilling; just worried about a rebound hitting us back.
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HodlVeteran
· 16h ago
That jump at 90150 completely stunned me; this technique is the same as the one used in 2018... With both long upper shadows and large bearish candles, the newbies are probably going to have to pay their tuition again.
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VitalikFanAccount
· 12-14 07:28
90200, this constant tugging is really annoying. It feels like they're testing the support below.
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NftMetaversePainter
· 12-14 07:27
honestly the algorithmic patterns here are screaming consolidation before the paradigm shift... those long wicks are basically the market's computational anxiety manifesting in real-time, no?
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SigmaValidator
· 12-14 07:14
Once again, it's about to plunge. Can it really reach 88 this time? Feels like I always predict accurately but can't keep up with the speed.
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CryptoPhoenix
· 12-14 07:09
Another day of being crushed down, the repeated tugging around 90200 is really annoying, but this is all about building momentum for the bottom [smile]
Having experienced the halving in 2018, this kind of decline is really nothing. The key is not to chase highs; patience and waiting for signals are the way to go.
It should rebound around 3000-2900; the law of conservation of energy won't deceive us. Rebirth is right in front of us.
I am optimistic about the range of 88000-89000. Remember, the most important thing when losing money is to stay sober.
The market is teaching us how to behave, but the phoenix will always be reborn from the ashes. As long as our faith remains, it's all good.
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PortfolioAlert
· 12-14 07:08
Wait, pulling back and forth over 90 yuan, how is that possible? You must have slipped up, haha.
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Ser_APY_2000
· 12-14 07:07
90K this threshold is really tough; it feels like it might drop further.
Everyone's betting on the bottom after this wave, but who truly knows?
Let's wait and see if 3000 can hold, otherwise we'll need to rethink our strategy.
#以太坊行情技术解读 December 14 Market Snapshot
Bitcoin's recent movements have been quite interesting—after surging to 93,550 on the 11th, it suddenly plummeted to 90,150, dropping quite sharply. The daily chart shows long upper shadows and large bearish candlesticks stacked together, indicating significant selling pressure. Looking at the 4-hour chart, the price has been repeatedly tugging around the 90,200 level, but the overall trend remains downward, with limited rebound strength.
Ethereum's situation is somewhat similar—consolidating but with obvious downward pressure.
Short-term trading strategy:
Method One: Enter shorts around 90,500-90,300, targeting the 88,000-89,000 range
Method Two: Break below 3,150-3,120, with a retracement to 3,000-2,900 being close enough
Currently, patience is required to wait for signals; avoid chasing highs.