#大户持仓变化 December 16 Market Observation: A Breakthrough Rebound Is the Truth

The four-hour chart of Bitcoin has already broken through the lower band of the Bollinger Bands, with the channel continuing to widen, indicating a strong bearish force. On the daily chart, it remains firmly suppressed by the downward channel. Although the MACD green bars show signs of shrinking, the dominance of the bears has not loosened at all. Do not expect to bottom out until there is a clear sign of stabilization.

The current rebound? It’s just a trap to lure buyers. Continuing to short at high levels is the right approach.

BTC Trading Strategy:
Short in the 86,800-87,500 range, targeting 85,000. If it breaks below, look further down to 83,500.

ETH Trading Strategy:
Short in the 2,970-3,000 range, targeting 2,910. If the trend confirms, continue to watch the long-term resistance at 2,660.

$BTC $ETH

The medium- and long-term trend in the market still requires attention to the movements of whale funds.