Looking at the candlestick chart, Bitcoin's 4-hour timeframe has been trending downward continuously. Although it has temporarily stabilized at the support level, the rebound strength is quite weak. The bullish volume is clearly declining, and in the short term, there are no effective bottom-fishing points. The price has been held down by the middle band of the Bollinger Bands and has not broken through the upper boundary of the downward channel. The moving averages show a clear bearish alignment, and the overall momentum remains bearish.
On the 1-hour chart, there are some consecutive bullish candles indicating a rebound, but the upper Bollinger Band is holding strongly, and the channel is gradually narrowing. This is likely just a technical correction and does not indicate a trend reversal.
Overall, after this rebound, there is a high probability of continuing to test lower levels. Evening trading strategy: consider short positions when encountering resistance during the rebound, and remember to set stop-loss orders.
Evening Recommendations: - Bitcoin around 91,000 can be shorted, target 89,000 - Ethereum around 3,120 can be shorted, target 3,020
Manage risk properly and avoid excessive leverage.
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OnchainDetectiveBing
· 01-10 04:12
The bearish alignment is so obvious, and the Bollinger Bands are still tightly compressed. The probability of further decline is indeed high.
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WhaleSurfer
· 01-10 00:35
Here comes the bottom again, this wave of short positions feels solid
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The Bollinger Bands are really amazing, always so precise
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I just want to know if 91000 can really break through
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Even a bullish candle can't fool me, I've seen this fake rebound coming a long time ago
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Set the stop-loss properly, the rest depends on the probability, I feel it will continue to drop
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Shorting ETH at 3120 feels okay, targeting 3020 is not excessive
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With this rhythm, the bears just can't stop
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The declining volume of the bulls is spot on, I’ve also noticed it
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Come in and place a short order tonight, give me a paw
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Why does it feel like every time it's this logic, but it just works?
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GhostAddressHunter
· 01-09 11:18
Hmm... Looks like we're about to break support again. This bearish arrangement is quite fierce.
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The Bollinger Bands are tightly squeezed, it feels like this rebound is just a fleeting moment.
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Here comes another short suggestion. My stop-loss knife is already sharpened.
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Why is the bullish volume declining so quickly? I should have known not to chase the high.
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I think the 3120 short on Ethereum is still a bit risky. Let's wait and see.
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Really, don't over-leverage. The feeling of being liquidated is just terrible.
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This technical correction has fooled me so many times. It's better to be cautious.
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Short 91,000 Bitcoin? I'll wait and observe two more candlesticks before deciding.
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The moving averages are in a bearish arrangement... Looks like it's going to trap more people again.
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MemeKingNFT
· 01-09 11:12
Here I am staying up late again to watch the K-line. The Bollinger Bands are so dead, and I saw the bearish arrangement coming a long time ago, I just didn't want to admit it.
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LiquidatedDreams
· 01-09 10:52
It's the same old bearish rhetoric again, always saying it will continue to bottom out, but then suddenly rallying. Too classic.
#密码资产动态追踪 $BTC Evening Market Observation
Looking at the candlestick chart, Bitcoin's 4-hour timeframe has been trending downward continuously. Although it has temporarily stabilized at the support level, the rebound strength is quite weak. The bullish volume is clearly declining, and in the short term, there are no effective bottom-fishing points. The price has been held down by the middle band of the Bollinger Bands and has not broken through the upper boundary of the downward channel. The moving averages show a clear bearish alignment, and the overall momentum remains bearish.
On the 1-hour chart, there are some consecutive bullish candles indicating a rebound, but the upper Bollinger Band is holding strongly, and the channel is gradually narrowing. This is likely just a technical correction and does not indicate a trend reversal.
Overall, after this rebound, there is a high probability of continuing to test lower levels. Evening trading strategy: consider short positions when encountering resistance during the rebound, and remember to set stop-loss orders.
Evening Recommendations:
- Bitcoin around 91,000 can be shorted, target 89,000
- Ethereum around 3,120 can be shorted, target 3,020
Manage risk properly and avoid excessive leverage.
$ETH