#数字资产市场动态 December 25, Wednesday, BTC and ETH Early Morning Market Analysis



In the past two days on the 4H chart, Bitcoin is still struggling within that downward channel, constantly testing lower levels. Bulls occasionally try to push up, but lack strength; any rebound is just a correction from the previous sharp decline, not an effective counterattack. The Bollinger Bands are clearly unable to hold, with the middle and lower bands both sliding downward. The candlestick pattern shows two bearish candles with one bullish candle in between, indicating short-term weakness.

Switching to the 1-hour chart, although there have been a few bullish candles jumping up, they quickly retreat when hitting resistance. The lows are getting lower and lower, establishing a downward channel. This is the current situation. Until clear bottom signals appear, it’s safer to continue shorting on rebounds and at high levels.

Reference levels:
$BTC: Enter around 87500-87700, target at 86000
$ETH: Range layout at 2890-2920, target at 3050

$BTC $ETH $BNB
BTC-0.16%
ETH-0.92%
BNB0.61%
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0xDreamChaservip
· 3h ago
It's the rhythm of rebounding and then crashing again, this downtrend channel is really getting a bit annoying. The bears are so fierce, when will the bulls finally stand firm? Entering a short at 87500 feels stable, but I keep wondering if it's just a quick rebound. Only the tough guys are still daring to buy the dip now. ETH faces so much resistance this time; if it can't break through, it'll just keep falling. When will the bottom signal actually arrive? Every rebound feels like a tease. The Bollinger Bands can't even hold anymore; this time it's really going down. The bulls are out of energy; they can't even rebound properly. Let's wait and see, I feel it's not quite ready yet.
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GasWaster69vip
· 3h ago
It's starting to weaken again. This rhythm feels a bit familiar. Every time, claiming to be cautious is actually just stubbornness.
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CryptoSourGrapevip
· 3h ago
If I had listened to this analysis earlier, it would have been better. Now looking at this downtrend channel, it's so frustrating. Every rebound makes me want to short, and so do the high positions. Anyway, I just don't want to make money.
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TestnetFreeloadervip
· 3h ago
You're starting to mess around again. I haven't seen any signs of a turnaround these past two days.
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ChainSauceMastervip
· 4h ago
Another downtrend channel to struggle through, this rhythm is familiar. Those who entered at 88K to gamble all have to cut losses; the bulls really don't have much strength.
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