From the 4-hour candlestick chart, $BTC has been rising for 4 consecutive days, with each candle showing a long upper shadow — indicating that the upward pressure is quite strong. The bulls have attempted several times to break through resistance but have failed, and now the market is entering a consolidation and correction phase.
Switching to the 1-hour chart, the Bollinger Bands are starting to contract, with both the upper and lower bands moving downward. The key point is that when attempting to rebound to test the upper band, the trading volume significantly diminishes — this is not a very good sign. If there is no volume breakout in the short term, it’s likely to oscillate within this range.
Therefore, tonight’s strategy is very clear: buying on dips is safer, with a focus on the 90,000 level.
Trading references: - $BTC: Build positions in the 87,400-87,700 range, targeting 89,500 - $ETH: Accumulate between 2,920-2,980, aiming for 3,050 - $BNB is also worth paying attention to
Market correction opportunities often occur within such narrow-range oscillations. Watching the volume during rebounds will reveal the future trend.
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MetaLord420
· 1h ago
It's the same old story, when the Trading Volume shrinks, it's time to run, don't wait to Cut Loss.
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Bollinger Bands are squeezing? I noticed that a long time ago, now let's see who collapses first.
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Entering at 87400? I think it can go lower, why rush?
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Every time I say it's safe to go long at the low, and then safely catch a falling knife? No thanks.
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Narrow fluctuations are just the market maker whipsawing, small investors can only play along.
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Can 90000 really break? It feels precarious.
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If the volume doesn't follow, the prices are all fake, that's right.
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HashBrownies
· 2h ago
Bollinger Bands narrowing + declining volume, we really have to wait for a higher trade volumes signal for this wave.
The idea of building a position at a low level isn't wrong, just afraid that a rebound will trap us again.
Those who entered at the 87400 level must be praying, haha.
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NftMetaversePainter
· 12-19 10:35
actually, the algorithmic beauty of these bollinger band contractions mirrors what i've been exploring in my latest generative series on market topology... the hash values underlying these price movements are far more aesthetically compelling than the surface-level technical analysis most traders obsess over. this is computational art in its purest form, ngl
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OfflineNewbie
· 12-19 10:35
It's another small-volume rebound; I've seen this routine too many times.
The 90,000 level still feels a bit risky; if trading volume doesn't pick up, you're just waiting to get trapped.
Are you really willing to bottom fish at 87,400-87,700? I doubt it.
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GateUser-75ee51e7
· 12-19 10:34
The pattern of shrinking and rebounding is back again, always the same play.
It's the old routine, Bollinger Bands tightening with no volume, it's just annoying to watch.
Buy the dip at 87,400? I don't believe you, probably a bunch of people getting liquidated again this time.
Breaking 90,000 is the real breakout; right now, it's all just illusions.
The most annoying thing is shrinking trading volume, clearly there's no consensus.
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DegenWhisperer
· 12-19 10:26
The long upper shadow trick is back again. Every time, they say the pressure is insanely strong, but what happens then?
I just want to know if the selling pressure will reverse and crash after this round of volume contraction.
Is 87400 really a low point? It feels a bit uncertain.
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LeverageAddict
· 12-19 10:23
Entered above 87,400, and the price directly dropped below 87,000. The analysis of this market trend does have some issues.
#数字资产市场洞察 December 19th, Friday Market Summary
From the 4-hour candlestick chart, $BTC has been rising for 4 consecutive days, with each candle showing a long upper shadow — indicating that the upward pressure is quite strong. The bulls have attempted several times to break through resistance but have failed, and now the market is entering a consolidation and correction phase.
Switching to the 1-hour chart, the Bollinger Bands are starting to contract, with both the upper and lower bands moving downward. The key point is that when attempting to rebound to test the upper band, the trading volume significantly diminishes — this is not a very good sign. If there is no volume breakout in the short term, it’s likely to oscillate within this range.
Therefore, tonight’s strategy is very clear: buying on dips is safer, with a focus on the 90,000 level.
Trading references:
- $BTC: Build positions in the 87,400-87,700 range, targeting 89,500
- $ETH: Accumulate between 2,920-2,980, aiming for 3,050
- $BNB is also worth paying attention to
Market correction opportunities often occur within such narrow-range oscillations. Watching the volume during rebounds will reveal the future trend.