2025-12-22 16:20:12

#BTC资金流动性 December 23 Market Quick Notes: BTC and Ether Technical Changes

Looking at the hourly chart, Bitcoin is currently stuck at the key position of the middle band of the Bollinger Bands. The bearish momentum has indeed been strong these past couple of days, and if it effectively breaks below the middle band support, the downside potential may be opened.

The situation with the MACD is a bit subtle—both lines are still hovering above the zero axis, indicating that the bulls haven't completely run out of steam, but the momentum bars are shrinking, clearly showing a sense of weakness. What's even more concerning is the KDJ indicator, which has shown a high-level death cross in the overbought zone, signaling a clear short-term pullback.

The trading volume is tightly coordinated with the decline, and this kind of price-volume synchronization often lasts for a period of time. The focus moving forward is still on whether it can hold this middle track.

$BTC $ETH

BTC0,25%

ETH0,24%

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.

11 Likes

Reward
11
4
Repost
Share

Comment

0/400

MysteryBoxBuster

· 2025-12-24 04:11

Once the middle band is broken, it's really useless; the short positions are indeed a bit fierce this time.

View OriginalReply0

SorryRugPulled

· 2025-12-22 16:49

If we can't hold the middle band, we're done for. This wave of short positions in the middle of the night is really fierce.

View OriginalReply0

FlyingLeek

· 2025-12-22 16:46

If the middle band is broken, I will just lie flat. The short positions have been really fierce these two days, and even the MACD is starting to weaken.

View OriginalReply0

LightningLady

· 2025-12-22 16:37

The middle band at this key position is really being pumped. I feel that the short positions have been holding back for a long time, and once it breaks, it may directly sell with bearish market.

View OriginalReply0