Bitcoin started the morning around 86,800 and began an upward trend. It briefly surged to 89,600 at midday before facing selling pressure, then entered a phase of oscillation and adjustment.
From the hourly Bollinger Bands perspective, although the three lines remain expanding upwards, the rate of expansion is clearly slowing down. After the price broke above the upper band, it quickly retreated to test the middle band, indicating that the bulls lack the strength to sustain above the upper band, and the upward momentum has already weakened. The slope of the middle band is also decreasing, and while the lower band is still rising, the gap between it and the price is widening—this suggests a potential narrowing of the Bollinger Bands. From this perspective, the short-term upward momentum has been rapidly exhausted, and selling pressure in the market is beginning to surface.
Bitcoin: Short position in the 89,200-92,000 range, with a stop at 87,800, target at 86,600 Ethereum: Short position in the 3,030-3,080 range, with a stop at 2,900, target at 2,840
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AirdropSweaterFan
· 8h ago
89600 drops again, and it's the bears' celebration... The Bollinger Bands have narrowed, and still playing the bullish game—are you really tired of living?
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LiquidatedTwice
· 8h ago
89600 can't break through again. This time, there's really no strength left... Just keep holding the short positions.
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ChainMelonWatcher
· 8h ago
89600 has already started to pull back. This bullish wave really lacks momentum; the Bollinger Bands are almost narrowing... Short positions should follow at 86600; it still feels like it will drop further.
#数字资产市场动态 December 26 Evening Market Review
Bitcoin started the morning around 86,800 and began an upward trend. It briefly surged to 89,600 at midday before facing selling pressure, then entered a phase of oscillation and adjustment.
From the hourly Bollinger Bands perspective, although the three lines remain expanding upwards, the rate of expansion is clearly slowing down. After the price broke above the upper band, it quickly retreated to test the middle band, indicating that the bulls lack the strength to sustain above the upper band, and the upward momentum has already weakened. The slope of the middle band is also decreasing, and while the lower band is still rising, the gap between it and the price is widening—this suggests a potential narrowing of the Bollinger Bands. From this perspective, the short-term upward momentum has been rapidly exhausted, and selling pressure in the market is beginning to surface.
Bitcoin: Short position in the 89,200-92,000 range, with a stop at 87,800, target at 86,600
Ethereum: Short position in the 3,030-3,080 range, with a stop at 2,900, target at 2,840
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