12.25 Wednesday Bitcoin and Ethereum Early Morning Analysis In the current market situation, the 4-hour analysis indicates that Bitcoin remains in a downtrend channel, continuously testing new lows. Although bulls have attempted to intervene to break this trend, overall momentum is insufficient, and the rebound after intervention can only be seen as a correction to the ongoing decline, providing the market with a temporary buffer. Currently, the Bollinger Bands are expanding, with the middle and lower bands continuing to decline. The short-term market shows a pattern of two bearish candles san
Market Status: Are the Bulls Dominant? Currently, the market is in the "short-term oversold rebound followed by bulls attempting to regain dominance" phase. 1. Support Confirmation: The 4-hour and 1-hour charts show that ETH has formed a clear double bottom or support stabilization in the 2886-2900 range. 2. Indicator Resonance: • 1-hour/4-hour charts: Price has successfully broken through the middle band (BOLL) of the Bollinger Bands, MACD has completed a golden cross below the 0 line and started to expand, a typical rebound initiation signal. • Daily chart: Price has retested the daily middl
Market Status: Are the Bulls Dominant? Currently, the market is in the "short-term oversold rebound followed by bulls attempting to regain dominance" phase. 1. Support Confirmation: The 4-hour and 1-hour charts show that ETH has formed a clear double bottom or support stabilization in the 2886-2900 range. 2. Indicator Resonance: • 1-hour/4-hour charts: Price has successfully broken through the middle band (BOLL) of the Bollinger Bands, MACD has completed a golden cross below the 0 line and started to expand, a typical rebound initiation signal. • Daily chart: Price has retested the daily middl
Market Status: Are the Bulls Dominant? Currently, the market is in the "short-term oversold rebound followed by bulls attempting to regain dominance" phase. 1. Support Confirmation: The 4-hour and 1-hour charts show that ETH has formed a clear double bottom or support stabilization in the 2886-2900 range. 2. Indicator Resonance: • 1-hour/4-hour charts: Price has successfully broken through the middle band (BOLL) of the Bollinger Bands, MACD has completed a golden cross below the 0 line and started to expand, a typical rebound initiation signal. • Daily chart: Price has retested the daily middl
The bulls and bears showdown tonight: Ethereum is trapped between 2920-2980. Which side will it break? The core contradiction in tonight's Ethereum (ETH) price movement is reflected in the interplay between the long-term bearish trend and the hourly technical rebound demand. Core Signal Analysis · 15-Minute Chart: As previously analyzed, the core contradiction in tonight's Ethereum (ETH) movement is reflected in the mutual struggle between the long-term bearish trend and the hourly technical rebound demand. Core Signal Analysis · 15-Minute Chart: As previously analyzed, this cycle showed a "MA
Wave Chasing in the Cryptocurrency Sea: 12.26 Cryptocurrency Market Bitcoin (BTC), Ethereum(ETH) Latest Market Analysis and Insights Wave Chasing in the Cryptocurrency Sea: 12.26 Bitcoin (BTC) Market Analysis Reference: Last night, Bitcoin rebounded and surged to touch the 88500 level. The selling pressure caused by resistance above began to ease, but the price failed to stabilize effectively and subsequently entered a decline channel. The article from yesterday clearly pointed out that BTC is likely to continue its short-term oscillation pattern of “testing resistance—meeting resistance and f
Wave Chasing in the Cryptocurrency Sea: 12.26 Cryptocurrency Market Bitcoin (BTC), Ethereum(ETH) Latest Market Analysis and Insights Wave Chasing in the Cryptocurrency Sea: 12.26 Bitcoin (BTC) Market Analysis Reference: Last night, Bitcoin rebounded and surged to touch the 88500 level. The selling pressure caused by resistance above began to ease, but the price failed to stabilize effectively and subsequently entered a decline channel. The article from yesterday clearly pointed out that BTC is likely to continue its short-term oscillation pattern of “testing resistance—meeting resistance and f
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