Looking at the 4-hour chart, the Bollinger Bands are gradually moving lower, while the MACD is quietly rising, and the bearish momentum bars are shrinking. The KDJ is also climbing upward. On the 1-hour chart, the Bollinger Bands continue downward, but the MACD bars are decreasing, although the bullish momentum bars are increasing. The KDJ is also moving upward.
To put it simply—
For $BTC, the 89700-90200 range is a resistance zone. If it can't break through, the support area below is between 88600 and 87600, which is the short-term level to hold.
For $ETH, the 3130-3150 zone is facing resistance. If it can't be pushed down, then the next line of defense to watch is at 3080-3050.
In this critical moment of bulls and bears battling, the technical indicators suggest that a rebound is still possible, but how long the momentum can last remains uncertain.
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.
19 Likes
Reward
19
9
Repost
Share
Comment
0/400
MonkeySeeMonkeyDo
· 12-17 21:26
Bollinger Bands are falling while MACD is rising. How many steps can this rebound take? It feels like the momentum isn't strong enough.
View OriginalReply0
RektButStillHere
· 12-17 04:08
The Bollinger Bands are moving downward, while the MACD is climbing upward. This divergence is quite a contrast... It's another tug-of-war between bulls and bears.
If it can't break through 89,700, it will have to turn back. Really, don't hold onto false hopes.
View OriginalReply0
ConsensusDissenter
· 12-15 05:00
The Bollinger Bands are narrowing, and the MACD is quietly rising. I've seen this pattern before. I'm just worried that the rebound is a false breakout, and it will drop back down again later.
View OriginalReply0
GasFeeAssassin
· 12-15 04:59
Bollinger Bands are playing tricks, feels like this rebound is a bit fake
If 88600 can't hold, I'll go all-in on short positions
ETH looks terrible, still fluctuating below 3100, so annoying
If it can't break 90200, don't talk about an ecological recovery
Bull and bear are just cutting leeks, retail investors like us are just being harvested
View OriginalReply0
BearMarketMonk
· 12-15 04:59
Bollinger Bands and MACD are giving conflicting signals. I've seen this trick too many times. The rebound won't last long; it's just history repeating itself.
View OriginalReply0
RugPullProphet
· 12-15 04:56
It's another case of MACD rising while the Bollinger Bands go低, really just repeatedly cutting the chives.
Can it break 90200 this time? I bet it won't break; just stick to 88600.
ETH has so many resistance lines; breaking through and going up actually makes me uneasy.
View OriginalReply0
TradingNightmare
· 12-15 04:56
Bollinger Bands and MACD are once again at odds. I've seen this routine too many times... The key is whether it can break through 89,700. If it can't, just wait for the drop.
View OriginalReply0
SerumSurfer
· 12-15 04:55
The Bollinger Bands are moving up and down, this rhythm is a bit uncomfortable, feels like it's bottoming out.
View OriginalReply0
GateUser-c802f0e8
· 12-15 04:55
The Bollinger Bands are all moving downward, yet they're still claiming a rebound. I'm tired of hearing this narrative.
#数字资产生态回暖 Monday midday market review:
Looking at the 4-hour chart, the Bollinger Bands are gradually moving lower, while the MACD is quietly rising, and the bearish momentum bars are shrinking. The KDJ is also climbing upward. On the 1-hour chart, the Bollinger Bands continue downward, but the MACD bars are decreasing, although the bullish momentum bars are increasing. The KDJ is also moving upward.
To put it simply—
For $BTC, the 89700-90200 range is a resistance zone. If it can't break through, the support area below is between 88600 and 87600, which is the short-term level to hold.
For $ETH, the 3130-3150 zone is facing resistance. If it can't be pushed down, then the next line of defense to watch is at 3080-3050.
In this critical moment of bulls and bears battling, the technical indicators suggest that a rebound is still possible, but how long the momentum can last remains uncertain.