2025-12-24 18:23:54

【Night Market Quick Read】Technical Analysis of BTC, ETH, BNB, SOL

Tonight's market movement was generally uneventful, with the price fluctuating within the range all day, exhausting traders' patience. However, the spike in the first half did break through yesterday's previous low. What does this mean? Whether the price can rebound back to the white line area will be the key.

If the rebound stalls at the expected level, we continue to look for a bottom; if it breaks downward, the pressure to explore lower levels will persist. Currently, the market movement is limited, so we should base our strategy on the analysis framework from last night to today—consider short positions as soon as a rebound occurs, with small positions to keep risk within an acceptable range. Instead of rushing in, it's better to first establish a position and then gradually study the subsequent rhythm.

The main cryptocurrencies BTC, ETH, BNB, and SOL are all worth continuing to monitor in their current technical formations.

BTC-0.16%

ETH-0.92%

BNB0.61%

SOL-1.59%

View Original

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.

10 Likes

Reward
10
4
Repost
Share

Comment

0/400

PrivacyMaximalist

· 2h ago

Keep smashing again, wait for the rebound to go short again

View OriginalReply0

MetaMisfit

· 2h ago

Oh no, it's that annoying oscillation again, it's exhausting to watch. Breakdown... Can the white line hold? But it's definitely safer to take a small short position; no need to rush. These few coins haven't shown any new tricks lately, still just lying around and following them.

View OriginalReply0

consensus_failure

· 2h ago

The market is oscillating and making people tired. This wave of dips is really disgusting, and we still need to wait for a rebound confirmation. --- Keeping a small position is truly the way to go; the greedy ones have all been harvested. --- Can the white line hold steady at that position? That is the key to tonight. --- Repeatedly hitting new lows, it seems like there's still a desire to test the bottom again. --- Is this kind of fluctuation interesting? It's better to go to sleep. --- Focus on Bitcoin and SOL; others can be taken slowly for now. --- If it breaks down and moves lower, the pressure will be intense, and the risk must be calculated clearly. --- For shorting, wait for a rebound; don't rush, take it slow.

View OriginalReply0

MetaverseHomeless

· 2h ago

Another day of volatility, it's making my eyes blurry. Honestly wait for the rebound, if it breaks, keep smashing to the bottom. Hold with a light position, no rush. This spike is a signal; the future movement depends on Bitcoin's mood. If the white line can't hold, it will need to go lower.

View OriginalReply0